Are index funds a good investment for kids?

I answer a reader's question on whether index funds are a good investment over the long term. Should you choose them over a savings account?

💬 More from Kylie:

This information is general in nature and is no substitute for professional advice. It does not take into account your personal situation. This information should not be interpreted as an endorsement of securities or any financial product or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Securities trading involves substantial risk of loss and therefore are not appropriate for all investors. Past performance is not an indication of future results. Capital is at risk. Tax on profits may apply. Consider your own circumstances, and obtain your own advice, before making any trades. FINDER CAR 432664.