Ask Noel: What’s the best way to invest a child’s inheritance?

By Noel Whittaker
Updated August 9 2018 - 9:08am, first published 9:01am
Ask Noel: What’s the best way to invest a child’s inheritance?
Ask Noel: What’s the best way to invest a child’s inheritance?

Which would be the more effective vehicle to invest a $40,000 inheritance for my 14-year-old son with a five to seven-year time frame while he builds his own savings towards a property purchase? Managed funds or insurance bonds?