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How Two Sisters Grew a $16,000 Stock Portfolio By Age 11 & 13 By Investing With Custodial Accounts
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Our Rich Journey - How Two Sisters Grew a $16,000 Stock Portfolio By Age 11 & 13 By Investing With Custodial Accounts: If you're a family pursuing financial independence, part of your plan will likely take into account your children. Do your children plan on attending college? Do your children want to pursue financial independence? Do you plan on investing for your children? If so, will you invest in a 529, a custodial account, or both? Many parents are familiar with 529s. So, in this video, we wanted to talk about investing with custodial accounts. And we figured - who better to talk about custodial accounts than our two daughters - Sunoa and Melea! We hold custodial accounts for both of our girls. Through their hard work in saving and investing their money, they've grown their accounts to over $8,000 each. In this video, they talk about their custodial accounts, they take you inside their custodial accounts, and they share how (and what) they invest in inside their custodial accounts. Thanks for watching!
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We are not financial advisors. Our videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research!
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