Product Description
by Michael Sincere (Author)
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.
Back Jacket
Make the stock market work for you and your kids
In Help Your Child Build Wealth: A Parent's Guide to Teaching Children to Be Successful Investors, finance educator and bestselling author Michael Sincere delivers a fun and easy-to-read guide for busy parents who want to teach their children how to build lasting wealth over their entire lives. The author explains how to use simple, low-risk investment strategies in the stock market to build a nest egg with both self-directed and managed accounts.
You'll learn what the stock market is, how to open a brokerage account, how much money you'll need to get started, how to manage risk with diversification, and the fundamentals of new, alternative investments, including digital currencies. Sincere also explains exactly how you can get started in the market with index funds, and how you can get your kids excited about beginning to invest in their futures.
The perfect financial roadmap for novice investors and their children, Help Your Child Build Wealth is a hands-on, jargon-free explanation of the stock market and the low-risk strategies you need to make it work for you and your family.
