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re: What would you do with your kid’s savings account?
Posted on 5/3/24 at 12:00 pm to Bourre
Posted on 5/3/24 at 12:00 pm to Bourre
Fidelity has children’s accounts. You can put it there and do a broad market ETF or mutual fund to return more than savings account. Or, let them buy META and NVDA if they are more risk tolerant.
If they do not have jobs, I am not sure they can invest in Roth IRA.
If they do not have jobs, I am not sure they can invest in Roth IRA.
This post was edited on 5/3/24 at 4:09 pm
1
Posted on 5/3/24 at 1:18 pm to go ta hell ole miss
quote:
Fidelity has children’s accounts. You can put it there and do a broad market ETF or mutual fund to return more than savings account.
They have a Teen Account. Otherwise it is UTMA and 529s.
Again, when I say Series I are a good option for kids, I mean an easy account to manage in a kid of any ages name.
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