After recently mentioning that I would consider an investment in the Vanguard Wellington
Fund if I wanted to create wealth in such a way that I did not have to spend much time thinking about investments or intended to pass the ownership stake on to someone that did not have much knowledge about investing (i.e. if you wanted to turn your children into trust fund babies in a way that they could not ruin it, you'd want to set up a restricted trust that only permitted the kids to receive the interest and dividend income generated by the fund, perhaps with the instruction that the assets transfer into an S&P 500 index fund if the Wellington Fund were to ever cease to exi
Fund if I wanted to create wealth in such a way that I did not have to spend much time thinking about investments or intended to pass the ownership stake on to someone that did not have much knowledge about investing (i.e. if you wanted to turn your
children into
trust fund babies in a way that they could not ruin it, you'd want to set up a restricted trust that only permitted the kids to receive the interest and dividend income generated by the fund, perhaps with the instruction that the assets transfer into an S&P 500 index fund if the Wellington Fund were to ever cease to exi
fund babies in a way that they could not ruin it, you'd want to set up a
restricted trust that only permitted the kids to receive the interest and dividend income generated by the
fund, perhaps with the instruction that the assets transfer into an S&P 500 index fund if the Wellington Fund were to ever cease to exi
fund, perhaps with the instruction that the assets transfer into an S&P 500 index
fund if the Wellington Fund were to ever cease to exi
fund if the Wellington
Fund were to ever cease to exi
Fund were to ever cease to exist).
But these were focused on specific savings to
fund new spending: using the Child Trust Fund and restricting tax credits to pay for the pupil premium and to release money for a jobs pack
fund new spending: using the
Child Trust Fund and restricting tax credits to pay for the pupil premium and to release money for a jobs pack
Fund and
restricting tax credits to pay for the pupil premium and to release money for a jobs package.