As a father, I obviously want to set them up as nice as possible. I work 40 hours a week making $14/hr, I’m wanting to invest anywhere between $75-150 (as long I’m financially stable to) a month into stocks/funds. Depending on situations. And I want to give the majority of it to my children once they turn 18. Any tips on how I should invest that money? Would I be better playing the stock market and leaving it in their names? Or investing it into some kind of trust fund? Or putting it into a saving account and let it build interest for 16-18 years?
edit: I’m an amateur when it comes to finance/investing. But looking to learn, because the stock market interests me a lot.
Submitted December 16, 2020 at 05:57AM by Henisockle https://ift.tt/3oTF39V
