Etf for child savings

[competitive-advantage]

Hi. I’m looking for some opinions about the best etf. In Denmark child savings are tax free if it’s accumulating etf’s up to a certain amount of gains, because my child is too young to have a job and use the tax card.

Single stocks are taxed 27-42%.

 

With normal prices I would pick S&P 500, but I want something that is not a index bubble. The timeframe is +10 years and I may change back to S&P 500 or tech etf when prices are fair.

 

I have looked at:

- Invesco STOXX Europe 600 Optimised Automobiles & Parts UCITS ETF (EUR)

https://www.morningstar.co.uk/uk/etf/snapshot/snapshot.aspx?id=0P0000M7CC

Reason: I think the old brands will get more of the marketshare than what Mr. Market think.

 

- Airlines, Hotels and Cruise Lines UCITS ETF - Acc

https://www.justetf.com/en/etf-profile.html?0&isin=IE00BMFNW783#overview

Reason: It can only get better and it will get better.

 

Ishares MSCI Global Semiconductors UCITS ETF USD (Acc)

https://www.blackrock.com/dk/individuel/produkter/319084/ishares-msci-global-semiconductors-ucits-etf

Reason: The chip shortage will end and the demand is getting bigger and bigger.

 

What are your thoughts?

Edited December 29, 2021 by competitive-advantage

[CorpRaider]

Can you find a total world index?

[competitive-advantage]

31 minutes ago, CorpRaider said:

Can you find a total world index?

Yeah MSCI World Core. That’s a great suggestion. I will think about this in the next days.

 

I’m also tempted to buy one individual stock and when she gets older we can make the decisions together if the passion is there.

 

The cons of the etf are the tax as mentioned and that it’s possible to buy more each month without charge at my stockbroker. But when crises occur it’s easier to buy another individual stock with more upwards potential from the research I’m already doing for my own portfolio.

The tax for individual stocks are paid only after selling.

 

Thanks for your suggestion and happy new year

[CorpRaider]

Could always do BRK.  It’s pretty diversified, but I always weigh fees and taxes heavily.  Happy new year!

Edited December 31, 2021 by CorpRaider

[SharperDingaan]

Not a investment solicitation, but look at the Purpose funds https://www.purposeinvest.com/funds/purpose-bitcoin-etf

There are probably either similar things in Demark, or soon will be.

 

Todays kids are going to grow up with this technology - as well as the climate change solutions.

A decade from now you are going to look very far sighted, and your kids will be incorporating this approach as naturally as breathing.

Even our nephews, are pressing the family  25% of all o/g gains/losses from Jan 01, 2022 onwards.

 

SD

 

 

[competitive-advantage]

On 12/31/2021 at 4:53 PM, CorpRaider said:

Could always do BRK.  It’s pretty diversified, but I always weigh fees and taxes heavily.  Happy new year!

Thanks again. It’s a good suggestion. I think I will buy Msci World now and if these occur I will switch to individual stocks:

 

- I get a longer good trackrecord

- I get enough savings on my own to pay her back if some bad happends with her investment

[competitive-advantage]

On 12/31/2021 at 6:40 PM, SharperDingaan said:

Not a investment solicitation, but look at the Purpose funds https://www.purposeinvest.com/funds/purpose-bitcoin-etf

There are probably either similar things in Demark, or soon will be.

 

Todays kids are going to grow up with this technology - as well as the climate change solutions.

A decade from now you are going to look very far sighted, and your kids will be incorporating this approach as naturally as breathing.

Even our nephews, are pressing the family  25% of all o/g gains/losses from Jan 01, 2022 onwards.

 

SD

 

 

Thanks for your suggestion.

 

Bitcoin is not for me. I focus on tech stocks where my area of competence is.

 

Happy new year