ronguest
ronguest

Today’s parenting event: at her request I’m helping our now 18 yo daughter open a brokerage account and discussing options for her to start investing. Here’s hoping I can guide her properly

|
Embed
Progress spinner
Miraz
Miraz

@ronguest Woohoo! What an excellent thing to do. I suspect regular is the key word, even if amounts are small.

|
Embed
Progress spinner
ericmwalk
ericmwalk

@ronguest awesome!

|
Embed
Progress spinner
pratik
pratik

@ronguest That’s great. Step 1: Roth IRA.

|
Embed
Progress spinner
Cheri
Cheri

@ronguest In case you don't already have this link... Bogleheads

|
Embed
Progress spinner
In reply to
ronguest
ronguest

@Cheri Thanks for reminding me. This is along the lines I discussed with her but I had forgotten the link. She learned a bit about investing in one of her HS classes and did some paper trading (stocks & ETFs). I mainly need to temper her enthusiasm to a path that isn’t too risky. She seems to have reasonable “common sense”.

|
Embed
Progress spinner