29/09/2022
How to set your child up for financial success
Step 1. Open an Investment account and deposit just $1000. Invest the money into an ETF that you like ππ½ (you can choose QQQ, SPY or the VOO) an ETF will allow you to invest in a dozen of great companies without becoming a seasoned trader
Step 2. Continue to invest just $50 every month and continue to buy these ETFs.
Step 3. Invest another $500 every time your child has a birthday.
That's a totally of only $1100 invested into your child's fund every year!
If you do this every single year for 18 years, with a 10 percent ROI, your child will have $55,000 in their account πͺπ½πͺπ½