Kids Investing—Why It’s Important
Better Off Why is it so important to teach kids to invest at a young age? We all want our kids to be better off financially than we are. We want them to have choices, and do work that they love. We want them to be comfortable, and not stress over money. We all expect … read more Kids Investing—Why It’s Important
Kids Investing—Child Tax Credit
A Government Hand Up On July 15th, the US government is set to begin sending out child tax credits each month to some 90% of America’s children. Regardless of your political stance, you’ve probably heard the term “government hand up” used to replace the negative connotations associated with a “government hand out.” I think this, … read more Kids Investing—Child Tax Credit
Kids Investing—Stock Tips
Kids Have Opinions, Too In March, Roblox went public via a widely touted IPO. Anyone with kids who own an iPad knows about Roblox. “Hey you guys, Roblox is going public today, do you want to buy some?” 9yo son: “I think it’s going to go down.” “Really, why?” 11yo daughter: “Everyone hates their last … read more Kids Investing—Stock Tips
Kids Investing—Explaining ETFs
Investing In Your Interests When I started out investing with my kids our first order of business was to buy stock in companies that they know and like. I think it’s an important step to get them interested, and keep them engaged. Kids aren’t going to be interested in buying, let’s say PSA (that’s Public … read more Kids Investing—Explaining ETFs
Kids Investing—Using Their Own Money
Kids Making Smart Decisions On Their Own Christmas was over and, like many their age, after the gifts were sorted, my kids were flush with cash. This situation always leaves them scratching their heads a bit. We aren’t exactly a conventional family, being that we live on a boat in the islands, so my kids … read more Kids Investing—Using Their Own Money
Kids Investing—One Year Anniversary Celebration
One thing I think we can all agree on is that financial education in our public school system leaves a lot to be desired. How many adults have said, “I wish they’d taught us that … read more Kids Investing—One Year Anniversary Celebration
Kids Investing—Compounding
The definition of compounding interest is something they should be teaching to first graders. It is not a difficult principle to grasp, once explained. Compounding interest is interest calculated on initial principal, as well as on the accumulated interest from previous periods. Think of it as interest on interest. It’s an important financial lesson because … read more Kids Investing—Compounding
Kids Investing — Coming Out of the Virus
Two months ago the coronavirus bear market was slamming stocks, and my kids’ investment accounts. Actually, they were still up substantially, but well off their crazy highs. Seeing as how their absolute minimum timeline for this account is ten years we plan to just leave this account alone and let it grow at whatever pace … read more Kids Investing — Coming Out of the Virus
Kids Investing — Understanding Dividends
A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits. When a corporation earns a profit or surplus, the corporation is able to re-invest the profit in the business and pay a proportion of the profit as a dividend to shareholders. me: Got it kids? them: Ummmmmm. … read more Kids Investing — Understanding Dividends