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“I must make the point first that I've only one child...”

Written on: 15/07/2009 by son2005mark (20 reviews written)

I must make the point first that I've only one child therefore I've only opened one child trust fund and don't have any idea of how other child trust funds are doing, but I'm not really happy with my choice to invest my son's money into Family Investments child trust fund, Since opening with the governments £250 in July 2005 as of now (July 2009) the investment is only worth Approx £200! Yes I hear that these types of investment can go up as well as down but it dose not really make you want to invest any more into it, They still write every year asking or advising that an extra investment of £10 per month would help but I can't see how if all it's done is lose money in four years, apart from the fact I'm a single parent on benefits and £10 per month could be put else where if I did have It I'd sooner put it in a high interest bank account and would advise others to do the same.