Share
The official podcast of Rampver Financials. Delivering the best talks, advice, and recommendations about personal finance, investing, entrepreneurship, and success. Subscribe and never miss an episode!
…
continue reading
Investing for Your Children's Future: Beginner's Guide & Key Accounts Explained
The Investing for Beginners Podcast - Your Path to Financial Freedom
Manage episode 515127132 series 3422773
Content provided by Andrew Sather & Glassbox Media, By Andrew Sather, and Dave Ahern | Stock Market Guide to Buying Stocks like. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrew Sather & Glassbox Media, By Andrew Sather, and Dave Ahern | Stock Market Guide to Buying Stocks like or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
In this episode of the Investing for Beginners podcast, we explore the topic of investing for your children. We dive into various investment options available, such as 529 accounts, custodial IRAs, and the new Trump account. The hosts discuss the importance of starting early and the benefits of tax-advantaged accounts. You'll hear practical advice on how to get your kids interested in the stock market, the power of compounding, and the impact of early financial education on their future.
00:00 Introduction to Investing for Kids
00:24 Bitcoin and Other Investment Options
00:48 529 Plans: A Smart Start for College Savings
05:41 UTMA and UGMA Accounts: Flexible Investment Options
11:50 Custodial IRA Accounts: Investing with Earned Income
13:36 The New Trump Account: A Government-Backed Investment
15:26 The Power of Compounding: Why Start Early?
17:49 Engaging Kids in Investing: Tips and Stories
28:38 Conclusion: Setting Up Your Kids for Financial Success
Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.
Today’s show is sponsored by:
Go to SHOPIFY.COM/beginners to start selling with Shopify today.
Go to tesbros.com and use code POD15 for 15% off your first order. For our EXCLUSIVE GIVEAWAY, and your chance to win a DIY PPF Full Body Wrap kit tailored to your ride, simply go to this link:
https://station.page/tesbros/contest/theinvestingfor
This message is sponsored by Greenlight. Don’t wait to teach your kids real-world money skills, start your risk-free Greenlight trial today at greenlight.com/investing.
Have questions? Send them to [email protected]
SUBSCRIBE TO THE SHOW
Apple | Spotify | YouTube | Amazon | Tunein
Learn more about your ad choices. Visit megaphone.fm/adchoices
622 episodes
))
