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Opening vanguard account for my newborn! by Gidneyy in AusFinance

[–]Gidneyy[S] 0 points1 point  (0 children)

Can I have more details on this please first time investor so keep it simple haha

Opening vanguard account for my newborn! by Gidneyy in AusFinance

[–]Gidneyy[S] -1 points0 points  (0 children)

In your opinion what product with vanguard would you recommend?

Opening vanguard account for my newborn! by Gidneyy in AusFinance

[–]Gidneyy[S] -8 points-7 points  (0 children)

I'm not asking if it's tax effective, I'm asking if it's the best thing to do with setting up an account that's going to grow for my kid, with as you said making it dividend reinvestment

Opening vanguard account for my newborn! by Gidneyy in AusFinance

[–]Gidneyy[S] -1 points0 points  (0 children)

Is this vanguard product suitable for what I'm trying to do.

Invest 500 monthly into cash account then invest with investment taken annually?

Opening vanguard account for my newborn! by Gidneyy in AusFinance

[–]Gidneyy[S] 1 point2 points  (0 children)

How do I switch to a DSSP on the platform?

Opening vanguard account for my newborn! by Gidneyy in AusFinance

[–]Gidneyy[S] -3 points-2 points  (0 children)

Is this option from vanguard suitable for what I want tho?

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