Help Your Child Build Wealth
(Wiley; 1st edition, November 13, 2024)The best time to start building wealth is before most people think to try. Help Your Child Build Wealth is a plain-language guide for parents and teenagers who want to get started—with no financial background required.
Written without jargon and without assumptions, this book covers the practical fundamentals of investing in a way that makes sense to readers of any age. The goal is simple: teach a few proven, low-risk strategies that can set a young person up for a lifetime of financial independence.
What you will learn:
How to open a brokerage account and make your first investment
How to invest in index funds using strategies like dollar-cost averaging
How to buy individual stocks, ETFs, and mutual funds
How to manage risk through diversification and asset allocation
Whether alternative investments like bitcoin belong in a young person's portfolio
How to use a 529 Plan or Roth IRA to save smarter
Starting early is the single greatest advantage any investor can have. This book shows parents and teenagers exactly how to use it.
