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Investment/brokerage accounts: These accounts allow you to diversify your investment portfolio across a wide variety of investment vehicles that provide an opportunity for long-term growth.
“Learning by doing is one of the best ways to help the next generation of investors build a strong financial future,” Kelly Lannan, a senior vice president at Fidelity, told Yahoo Finance.
There are many routes to saving for your children’s college education, but one of the most commonly recommended is the 529 savings plan. This is a tax-advantaged investment account in which the ...
Here are seven ways for college students to get started in investing, from the super-safe to the bold. 1. Consider starting with a high-yield savings account or CDs. One of the simplest ways to ...
Several years ago, I ran across a Motley Fool column outlining a plan to turn the writer's newborn niece into a millionaire by the time she turned 52. I thought that was a neat idea and decided to ...
You want your kids to be financially savvy, but right now, that's limited to short-term savings in their piggy bank. While teaching them to save up for small purchases -- i.e., toys -- is great ...
The way you invest your money will vary depending on your age, as it affects the levels of risk you can take, the amounts you can spare and your priorities. Find Out: 8 Best Monthly Dividend ...
A couple of weeks ago, I wrote about what you can learn from the opposite sex when it comes to investing. As with most things, men and women have different strengths when managing a portfolio.