2Yr·

+++Invest in your children+++

Hello stockbrokers,

What could be better than giving your child a financial injection on the way to real life?

That's why I think it's very important to invest in your children.

1st scenario: You are quite wealthy and have the opportunity to invest the full child support (219€) in your child with the help of a world portfolio, then your child has in 18 years already 100.000€ and the possibility to start successfully in life (see picture).

2nd scenarioIf you are not liquid enough to invest 219€, you could still invest 25€ per month in your child (anyone can do it, really!). This would be after 18 years also 12.000€ and thus a nice start into the professional life.

Thus it is recognizable that already with a low sum in the child, a strong impact is recognizable.

Would you invest in your child and what sum if you had one?

#aktie
#aktien
#etf
#kinder
#investieren
#aktienfoxx

31 Comments

Stefan@InvestmentPapa

2Yr

I always find it interesting when young investors or childless people want to explain to me that you just have to invest the child benefit.
Let's take an example from reality: My wife (bank clerk with 32 hours, 5 days a week) and I (cash manager in the field of precious metals/foreign exchange) are certainly not among the poor, but also not among the highest earners... with a house a bit outside the city, private pension, a car, one vacation (if any or 2 short trips in Germany) per year and kindergarten place, which I may pay due to our earnings with 260€, I do not even come to "zero euros" in relation to the child benefit. In addition, there are natural costs like clothes, food, lifestyle and own hobbies and expenses... what do you think is left? And no, we don't need to limit ourselves or plan here and there... after all, we have a life today too. The classic model, parents would completely sacrifice themselves for their children, do nothing for themselves - it's dead! Because it would be death, if because of that (because of the child) we fully put back our goals and desires. And that's exactly why this kind of "milkmaid" calculation is a fantasy for all who are just not versed with reality. To invest "only" the child support - is then complete nonsense. That we do something for the child, perfectly logical and natural for us - only we will not do it to the point of self-sacrifice. We owe ourselves and our child not money, but time and life.

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DiFigiANo@DiFigiANo

2Yr

@InvestmentPapa The child also has more from experiences at a young age than from money. Game park, adventure park, etc!

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Aktienfox@Aktienfox

2Yr

@InvestmentPapa I have already guessed that I will get such a comment. Of course, a large part of the population can not invest 219€, but 25€ always goes! Goals should of course never restrict, but a minimal reduction in consumption, already leads to a savings plan of 25€ per child.

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Deleted User

2Yr

Comment was deleted

Aktienfox@Aktienfox

2Yr

@Joris I did, so I do not understand the comment is the second scenario

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Tim@Tacticus

2Yr

@Aktienfoxx
No, I don't think you understand. It should not be considered normal at all to put something aside financially for the child as is suggested here because it is easy and doable for everyone. Just because everyone CAN do it doesn't mean it is always wise to do so. Saving something for the child is something special that luck did not come my way.

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GHF@GHF

2Yr

@InvestmentPapa I can only agree with you. It always sounds trite and it is also a truism that children are expensive. But at the time I was really surprised (and I still am) at how expensive children are and how the money was taken out of the parents' pockets. We paid €980 every month for U3 care for the two of them in 2012. Yes, as a young father I pretty much lost faith in our country when you see how money is thrown at others at the same time.

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Aktienfox@Aktienfox

2Yr

@General_T_Regnery I just show that it would have such a positive impact, and I would do it for my children, and anyone can do it even if it's only 10-25€!

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Matthias Hendrischk@Henne1509

2Yr

@GHF then this should be opposed by an income of around 100000€ per year? We were at 600€/M at about 70000€/a. What one must not forget with "faith in the country". One gets the child benefit for 18 years.

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Leuchtturm@Leuchtturm

2Yr

@InvestmentPapa Hi, here is our situation: wife team leader, husband sales, one car, child now 7th grade, rent West German big city, not wealthy and similar "cost of living" for the child/family. In our case the child benefit was always "transitory item" and saved. Our household bill was always prepared without the child benefit. We are not wealthy - as speculated in the article - we are doing well. P.S.: I could go into the article in terms of "everyone can save 25€", but there are not enough lines here for that.

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Stefan@InvestmentPapa

2Yr

@Leuchtturm As I said... we don't save "only" 25€ either. We are definitely far above that. But I just want to show that "only" saving child support is not as easy as it is unfortunately too often suggested. I have the greatest respect for every parent who manages to build the largest possible financial cushion... and yet we as parents must not forget to shape and plan our future (after the children) as well. In addition to the "here and now", that's just a serious point too.Thanks for your insight. 👍

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View all 3 further answers

Robert@Iwant_money_423

2Yr

So first I invest in myself. Personally, I also think that it makes much more sense to build up my own assets and then support my child when "needed". The future of my wife and mine is totally uncertain. Will we get a pension? We also put money aside for the child, at the moment my 1.5 year old son has a PRELIMINARY fortune of about 1500€. For each month of life 100€. And deliberately Preliminary, because he will have for many years no own need of it.

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Aktienfox@Aktienfox

2Yr

@Iwant_money_423 you're definitely right, first of all, your own supply must take place!

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six@six

2Yr

Since I have only really since last year with finances and ETFs and child 1 at the time was already 8, but child 2 was only 1 year I had to find a "fair" solution. I have therefore times simply with 25 € / month started for child 1 the approx. 7 years with a' 25 € / month invested by lump sum. That was then after all already >2000€. With 50€ savings rate it would have been double (about 4500€), which was then too much for me. I have then but after about half a year the savings rate for both increased to 50€. How I do that in the end, so that both get about the same amount I still have to think about. As of now, the plan is to lower the savings rate of child 2 back to 25€ when child 1 is 18. Thus, I would have, if child 2 is then 18 at least for both the exact same sum invested. So who has other ideas about it, just out with it.

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Aktienfox@Aktienfox

2Yr

@six I would do it similar to how you described it. With interest it would be 2800€ for the first child until the 7th year, then for both children the same savings rate. Really fair it will never be -> inflation (starting point..) If necessary, still a compensation payment, if you will keep the 50€ in the long term with both. PS: Your children will not complain, bring them a hammer financial injection, Top

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Alfons P@AlfonsP

2Yr

We have a child. For our little mouse we invest 250€ per month. We are certainly not rich, as assumed in the article, but we can afford it.

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Aktienfox@Aktienfox

2Yr

@AlfonsP sounds very nice, she will be happy

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Jari Stark@MainTyp

2Yr

It's not easy but we started with about 2k per child and 50€ monthly. Compound interest is something good ...

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Aktienfox@Aktienfox

2Yr

@MainTyp that's right your kids will be happy, did you start from the beginning?

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Jari Stark@MainTyp

2Yr

@Aktienfoxx and

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Aktienfox@Aktienfox

2Yr

@MainTyp very strong

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Stuttgarter81@Moneymoney

2Yr

First of all we use our tax-free amount of EUR 1602 and from next year EUR 2000. The cash positions are also in our name. Share investments above the allowance are for our junior, since we have created a non-assessment certificate for him in addition to the allowance - he therefore does not have to pay tax on capital gains up to about 9k p.a. - Attention ⚠️ from 7 K upwards, but then the child must insure himself - this must be observed and discussed with the tax advisor if necessary.

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Aktienfox@Aktienfox

2Yr

@Moneymoney thanks for the info I did not know 👍

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Bohn3_@BOHN3_

2Yr

we are also now just 3 months parents and had also planned to save our child support because we actually have enough money. At the moment it looks like we just can not save. My wife just gets only parental allowance and you notice when there are a few hundred euros missing. The expenses for milk powder and diapers clothes etc. do not eat up all the child support but already a good part of it. We will do that now so that we start with 25 euros and if it goes or money is over the money for them to save. We also want to open an account where we save money for her which is for expenses if she needs anything later times (Fahrrasd, Pc or what ever) ...

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Daniel@Daniel7198

2Yr

Unfortunately, these copy & paste posts from Instagram are slowly getting out of hand here. Exactly my humor, when the 20-year-old boy with a measly 5,000 euros in the depot wants to explain life to me. In Instagram then the slogan "You're right here if you want to outperform the market!" or the like and then 50 individual stocks a 1 piece in the depot. Anyone who is new to the subject of investing really has to be careful whose opinion you take to heart. Sorry to the general public for the little "rant".

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Andi@Andimoneych

2Yr

I would be interested to know when and how the transfer takes place. Sometimes own children are also the ones (everyone hopes not) who spend the money on drugs or otherwise disproportionately and with 18.5 have a 0 on the account and also 0 added value from it.... Sounds pessimistic but can also be realistic. What do you think? @InvestmentPapa , @six and @AlfonsP

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six@six

2Yr

@Andimoneych I will decide when they get the money. Maybe not until they're 20. That's the good thing about it. I'll probably make the transfer pretty simple. Together with my kids, I'll open a custody account in their name and then start a custody account transfer (I hope it's as uncomplicated as I imagine).

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Alfons P@AlfonsP

2Yr

The securities account is in my daughter's name. It is a normal custody account. It is not a children's account or anything like that. This account is fully integrated into my financial account. I have full control. I hope to be able to counteract the fact that she will squander all the money at some point. I am optimistic that I can give her a good financial education along the way. Should she decide to become a stripper in Mexico, uff then we have to see.

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