Help Your Child Build Wealth
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Help Your Child Build Wealth
Help Your Child Build Wealth
"The stock market is a place where buyers and sellers trade stocks, index funds, bonds, and other financial products. Put another way, the stock market is similar to being at a street market. However, instead of buying and selling stuff at a market, you buy and sell stocks, which represents part ownership in a corporation"--
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 βactiveβ and βpassiveβ 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.
Book Details
INFORMATION
ISBN: 9781394257232
Publisher: John Wiley & Sons Inc
Format: Paperback / softback
Date Published: 07 November 2024
Country: United States
Imprint: John Wiley & Sons Inc
Audience: General / adult
DIMENSIONS
Spine width: 23.0mm
Width: 147.0mm
Height: 224.0mm
Weight: 272g
Pages: 224
About the Author
Michael Sincere is a full-time nonfiction finance author with two bestselling books under his belt. His work has been translated into thirteen languages. Sincere is also a featured columnist for MarketWatch and Equities.com.
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