dixieheart
New member
Hello everyone,
I'm 32 married and live in Berlin. I have a 2-year-old boy and I'm planning to invest/save his kindergeld(~250EUR monthly). My Bank's(Sparkasse) wealth advisor recommended Private pension Insurance.
I can set when he can get it 18/25 years etc.,
He can continue to put monthly(until 67 years old) or withdraw a lump sum(has to pay 25% tax on profit) before 67 years old.
They will invest money in a list of ETFs provided below.
Name
ISIN
%
Lyxor MSCI World UCITS ETF-D-EUR
FRO010315770
70
Amundi MSCI Emerging Markets UCITS ETF EUR
LU1681045370
0
Nordea 1-GlobalClimate and Environm.Fund BP EUR
LU0348926287
10
Robeco MegaTrends D EUR
LU0974293671
0
Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF
FR0010524777
10
Xtrackers EURO STOXX 50 UCITS ETF-1C EUR ACC
LU0380865
0
Amundi MSCI Europe SRI Ucits ETF DR (EUR)
LU1861137484
0
JPM Emerging Markets Equity A (acc)-EUR
LU7576759
10
What do you guys think about this? Are there any better ways to save/invest money for my child?
I'm 32 married and live in Berlin. I have a 2-year-old boy and I'm planning to invest/save his kindergeld(~250EUR monthly). My Bank's(Sparkasse) wealth advisor recommended Private pension Insurance.
I can set when he can get it 18/25 years etc.,
He can continue to put monthly(until 67 years old) or withdraw a lump sum(has to pay 25% tax on profit) before 67 years old.
They will invest money in a list of ETFs provided below.
Name
ISIN
%
Lyxor MSCI World UCITS ETF-D-EUR
FRO010315770
70
Amundi MSCI Emerging Markets UCITS ETF EUR
LU1681045370
0
Nordea 1-GlobalClimate and Environm.Fund BP EUR
LU0348926287
10
Robeco MegaTrends D EUR
LU0974293671
0
Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF
FR0010524777
10
Xtrackers EURO STOXX 50 UCITS ETF-1C EUR ACC
LU0380865
0
Amundi MSCI Europe SRI Ucits ETF DR (EUR)
LU1861137484
0
JPM Emerging Markets Equity A (acc)-EUR
LU7576759
10
What do you guys think about this? Are there any better ways to save/invest money for my child?