2D·

ING Junior Depot savings plan recommendations

Hi getquin community,

my first post so bear with me :).

As you can see from the title, I'm looking for Etf's at ING that are suitable for savings plans, as the junior accounts have finally been activated. I want my children (she 9, he 5) to have a small financial cushion in the stock market when they come of age, in addition to the classic savings we have started since birth.

The following considerations:

I suspect that some people will recommend an accumulating ETF, but I would like to motivate them to continue saving at 18 and see the dividends as a psychological "motivation" to do so.

100% in the $VWRL (-1,65%)
80% in the $VWRL (-1,65%) and 20% in the $IEEM (-0,12%)

I know, not exactly the most exciting strategy, hence the post for a bit of input from the community.

Have a pleasant Sunday evening.

Greetings

23 Comentários

Robenito83@MoneyRulesTheWorld

100% $VWRL

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tommycashless@tommycash

100% $VWRL for my daughter - only save there for the investment period. Are you parking the rest in overnight money? Good luck 🙌

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Ver todas as 2 restantes respostas

Viktor@Aktienhandling

I am also 100% in the $VWRL with the junior depot

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Kai N.@Webda

100% $VWRL or $FTWG. Both are based on the same index. However, $FTWG has lower fees.

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Maverick4831@Maverick4831

@Webda $VWRL is just bigger and older = safer/more reliable?

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Kai N.@Webda

@Maverick4831 Invesco is also a fund heavyweight. I wouldn't worry about that.

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Maverick4831@Maverick4831

@Webda So saving 0.07% TER with Invesco is the better option?

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Kai N.@Webda

@Maverick4831 in my eye yes.

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Pedi@Pedi

@Maverick4831 As long as you do it with established companies. You can take a look at the ETF providers etc. that are out there and what they are like. However, it's more about the fact that an ETF is a product with which Vanguard, iShares, Invesco etc. also want to earn money. Larger and older is an indication that it is also worthwhile for the companies and therefore less likely that the ETF will be discontinued and you will be forced to sell. Invesco buys a representative share of the index (2,432 shares) and Vanguard buys more shares (3,655). The difference is extremely small. Since it has to buy fewer shares, it is also cheaper. But with a volume of over 1 billion, it is not that small either.

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Maverick4831@Maverick4831

@Pedi Thank you for the detailed explanation. I will probably start saving with Invesco. The first savings plan will be executed at the beginning of May, so I still have a bit of time😁

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Maverick4831@Maverick4831

@Pedi $FTWG is unfortunately not eligible for a savings plan in ING's junior custody account. Only the $VWRL...

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Pedi@Pedi

@Maverick4831 You won't go wrong with this one either. It's almost the same. I also have one in the 5-digit range ;-)

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Stuttgarter81@Moneymoney

Never choose an accumulating ETF for your children. As the children generate up to almost 7500 euros tax-free per year. Your strategy with 80/20 or 100 All World is exactly right. I track the World AG with 7 ETFs - but basically the same approach, just a little smaller and with less US exposure. Good luck 🍀👍🏻

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Maverick4831@Maverick4831

@Moneymoney I think I will keep it simple and go 100 in the all world. Thank you.

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Psychorex@Psychorex

I did exactly the same for my two. The choice fell on $VHYL, $IAPD and $EXSC

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Maverick4831@Maverick4831

@Psychorex Full focus on Dividenden👍🏼

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Psychorex@Psychorex

Has at least aroused Junior's interest (9 years old). Now has the GetQuin app on his cell phone and occasionally follows his portfolio. And then asks questions about Microsoft or MC Donalds.
So in my eyes it has already paid off.

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Maverick4831@Maverick4831

Now that's strong😁. He's going to be a star investor if he starts this early.

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Psychorex@Psychorex

Cute story: I had explained to him that an ETF reflects many values and that he owns virtually all companies with a minimal share. With GetQuin's in-depth view, I was then able to show him the companies, some of which he also knows. I explained to him that he would share in the profits, which he liked.
Now for the great story/experience.
So he knew that he owned MC Donalds.

We stopped once on a car journey for the kids at $MCD, but after the order had been entered in the terminal and he saw that I had paid, he came to me and asked me to show him the $MCD chart in the app. He wanted to see that it had gone up and that he had now "earned something".

🙃😆

I thought that was just great 👍🏼. I won't forget it until I retire.

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Maverick4831@Maverick4831

@Psychorex That's a really sweet story😁. He has already understood the basic idea and that's great!

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Stevoo@Stevoo13

My 2 daughters (7 and 11) both have 100% in the S&P500 $CSPX... I don't understand why you would go for something like $VWRL considering they have such a long way to go.

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