Investing as a family is a personal choice. I am currently trading options for my wife, meanwile i do update her when there are good deals in the stock market. She decides whether to buy. Meanwhile, for my child, instead of buying endowment insurance, whole life insurance etc, i buy term insurance and critical illness cover for her. Using the difference in premiums saved, i buy dividend stocks in a seperate portfolio. I do not believe that insurers and banks can give a better rate of return than directly investing in the stock markets.


As child is young, i will let the powers of dividend investing & compounding do their magic. This dividend account, if follow plan, the dividends should at minimum be able to pay for pocket money and allowance when child grows up. One of my biggest regret was not having any passive income when i was young. I intend to correct that for my child, avoiding being sandwich generation.