How To Set Your Kids Up For Financial Success
Dec 24, 2020Imagine giving your kids the gift of a successful future.
Here's how you can get this done.
1. Open a stocks trading account separate from the one you use on the regular. (A platform like this —->> bit.ly/3fELVoe allows you to have 2 separate accounts)
2. Each month, invest $50 in an ETF that has an exposure to disruptive innovation (Think companies that are constantly changing the game eg EV companies, tech companies, e-commerce giants, etc. An ETF like $ARK is there are so many other good ones)
PS: If you cannot afford $50, do $20, $10, $5 etc, start where you are and keep growing from there.
3. Don’t touch the money, sit back and watch compound interest work in your favor.
4. When your kids turn 20, bless them with the gift of a loaded trading account and teach them how to trade the stock market.
Our generation must do things a lil different right?
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If you cannot get the full stock, buy fractional shares and keep investing. You can do that on RH here bit.ly/2WHsxzw