Help Your Child Build Wealth A Parent's Guide to Teaching Children To Be Successful Investors
Perfect for rookie investors with children, this book explains exactly how you can get started as a long-term investor using index funds, ETFs, and individual stocks. You'll also discover how you can teach your kids about investing in a way that gets them excited about building wealth for their futures. In the book, the author walks you through what the stock market is, how to open a brokerage account, how much cash you'll need to get started, and how you can protect yourself and manage risk through diversification. You'll also find out: About new and interesting ideas such as a 529 or custodial plan and their proper place in a well-managed portfolio What the difference is between “active” and “passive” investing and which path is right for you How you can find stocks that perform well over the long-term and how you can use compound interest and dollar-cost averaging to multiply your profits Learn about the best investing apps and how to use them with your children An essential and easy-to-read financial guide for young parents looking to introduce their families to the stock market, Help Your Child Build Wealth is your (and your children's) ticket to a brighter and more prosperous future.