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What to buy grandsons

(62 Posts)
GrannyGravy13 Sun 28-Jul-19 12:07:43

Meant to add please stay away from bitcoin/crypto currency there are a lot of scammers operating in that area.

GrannyGravy13 Sun 28-Jul-19 12:06:37

We buy all our GC Premium Bonds every birthday.

N S & I have reduced the minimum investment from £100 down to £25, which opens it up to more investors.

MawBroonsback Sun 28-Jul-19 12:01:22

I would run a mile from cryptocurrency, bitcoin etc- way too dodgy!
Premium Bonds are straightforward and an excellent idea. I have worked out that I “made” £900+ over the last 12 months with a £30k investment. Better than most ISA’s, although a Junior ISA might also be an idea.
Do boys wear jewellery?

midgey Sun 28-Jul-19 11:58:48

What about the current ‘fad’? Not sure what it might be but would make a great memory of childhood. Trouble with Premium Bonds and twins is that it is quite an investment. I was thinking things like those twiddler spinner things and so on.

Bluedaisy Sun 28-Jul-19 11:52:49

Lovely idea, how about a St Christopher to keep them safe as jewellery?

H1954 Sun 28-Jul-19 11:44:03

Assuming you are British how about Premium Bonds?

Craftycat Sun 28-Jul-19 11:28:53

I invested some of my pension money into Premiun Bonds- not a huge amount- but hardly a month goes by that I don't get a cheque. Usually £25 but last month 3 x £25.
I think the boys would like to see money coming in all the time & the beauty of bonds is that you never actually lose the original amount & can get it out any time.

vickymeldrew Sun 28-Jul-19 11:23:18

Premium Bonds

nanamac77 Sun 28-Jul-19 11:21:41

I'm no financier but what about some kind of annual payment into a small investment fund - something which is guaranteed to grow at least a little until they are 18. I'm sure somebody out there would have some suggestions.

vickya Sun 28-Jul-19 11:21:18

What about some kind of savings account? Or do one in cryptocurrency? You could get a wallet like this
www.amazon.co.uk/gp/product/B07FY5R77T/ref=ppx_yo_dt_b_asin_title_o02_s00?psc=1&tag=gransnetforum-21&ie=UTF8
and learn how to add currency to it. XRP/ripple is cheap but should increase in value. Or bitcoin.

I got one for 13 year old grandson for his birthday and he set it up alone with a little help from dad. Then i sent currency. You can then send some each year. Or if you keep the wallet put some into it. You also need an account on a place like coinbase or bitpanda to buy the currency and then transfer it from there to the wallet.

en.wikipedia.org/wiki/Cryptocurrency

iamali1 Sun 28-Jul-19 10:54:36

Any ideas?

iamali1 Sun 28-Jul-19 10:53:56

I have twin grandsons and would like to buy them something each year along with a personalised letter which I plan to give them when they are 18 (I do this for my granddaughter) but have no idea what to put aside for them in their box. I have jewelry for my granddaughter, but that doesnt seem always appropriate as there will be only so much a boy can wear/use?