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Generational Wealth Strategies - Give $46k to your child
Happy Monday, wealthy people!
On my to-do list for the New Year’s Resolutions was to set up an investment account for my young boy so that I can save (and invest the money) for him. That sent me wayyyy down a rabbit hole of calculations and considerations for what I thought was a simple task, ha!
Below, I’m sharing some of my key calculations that are a need-to-know. Whether or not you have dependents, the statistics below show beautifully the power of saving and investing, with time as your best friend. The longer your time horizon, the more the compounding magic works. And while the earlier you start, the better, it’s never too late to begin.
In today’s email:
👉 Stock Market Update - World Map
👉 Generational Wealth Strategies - Give your child $46,864
👉 How to find International Stock Funds
Grab your latte and let’s get started!
– Margarita T., CFA