Martin Lewis

Well, the rule in a junior ISA is this money is locked away and they cannot touch it.

So they certainly don't need the money right now or you wouldn't be putting the money in there in the first place.

Which is why I often say that junior ISAs is one of those really, unless you're starting it for a 17-year-old who's going to get money in a year, is one of those really obvious areas where people should be biased towards investing more than saving.

Now, I say that phrase because I know people get worried about investing in this country, biased towards more, because it's also worth me saying you can have a junior ISA shares and a junior ISA cash.

You can only have one of each.

So one child can only have one junior cash ISA and one junior shares ISA.

But you can have both as long as you don't put more than £9,000 in both in total.

So it's a maximum £9,000 in junior ISAs in one tax year.

So your question really is, do you shift it all to shares or do you shift some of it to shares?

And that really is probably fits into your attitude to what this money is for.

If this is the only money you're giving them and this is the nest egg you're trying to build your kids fund with, I know people get more risk averse on it.

Personally, I'd be tempted over that long time period, you know, if you're putting it in a...

In a broad spread of investment, and I quote experts we've had on the show before, not my advice, you know, go for a big, broad global index tracker that's tracking thousands of the world's biggest companies.

So it's just monitoring the performance of the market and getting those dividends added in and all of that over seven to eight years.

On the balance of probabilities, and you understand that phrasing, I can't say it will.

I can only say on the balance of probabilities, it's more likely than not, based on what generally happens, that that shares investment will outperform putting the money in cash.

So what are you thinking?

Jaisa doesn't have a fee.

And honestly, the platform risk is pretty limited with major platforms.

The issue is, will the investment go up or down?