Help Your Child Build Wealth By Michael Sincere
- Narrated by: Chris Sorensen
- Length: 5 hrs and 25 mins
- Release date: 12-12-24
Help Your Child Build Wealth By Michael Sincere AudioBook Summary
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 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 “active” and “passive” 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
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