Help Your Child Build Wealth: A Parent's Guide to Teaching Children to Be Successful Investors

Build a better future for yourself and your children by making the stock market work for your family

In Help Your Child Build Wealth: A Parent's Guide to Teaching Children To Be Successful Investors, bestselling author and investing educator Michael Sincere delivers an exciting and illuminating new take on the stock market. 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.

Author: Michael Sincere
Binding Type: Paperback
Publisher: Wiley
Published: 11/13/2024
Pages: 224
Weight: 0.6lbs
Size: 8.95h x 6.14w x 0.63d
ISBN: 9781394257232