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How Two Sisters Grew a $16,000 Stock Portfolio By Age 11 & 13 By Investing With Custodial Accoun

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Wise Phenomenal
Wise Phenomenal
24 Apr 2021

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Enroll in our new 21 module, 4-plus hour stock market investing course with more than 30 handouts of summary notes, homework assignments, and resources. Learn how to research and select investments, how to determine your asset allocation, how to rebalance your portfolio, how to optimize your investments for tax purposes, how to automate your investments, and much more! AND – enroll in our course NOW and get a 19-page Investment Plan to work on and fill out as you complete the course. Go to https://ourrichjourney.thinkific.com/ to enroll in the course today!

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Books that have helped us on our Financial Independence Journey
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The Bogleheads' Guide to Investing: https://amzn.to/2UjEc4j
The Intelligent Investor: https://amzn.to/2MKGokh
A Random Walk Down Wall Street: https://amzn.to/2zIVI8p
The Book on Rental Property Investing: https://amzn.to/2UkwgQ6
Building Wealth One House at a Time: https://amzn.to/2ZJQuDW
Rich Dad Poor Dad: https://amzn.to/2ZD29IK
The Total Money Makeover: https://amzn.to/2Lc0thn
The $100 Startup: https://amzn.to/2UnBpqK
Freakonomics: https://amzn.to/2HCnDeJ

▸▸▸Follow us on Instagram: https://www.instagram.com/richjourney/

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!

▸▸▸Check out some of our other videos!

We Invested $5,000 In the Crashing Stock Market | See Our Portfolio (Ep. 1):
https://youtu.be/ZCqVbTWVfWs

ETF vs. Index Funds | Our Investments for Financial Independence (FIRE Investing):
https://youtu.be/2zpwJWVHKrg

Habits That Made Us Millionaires in Less Than Ten Years:
https://youtu.be/d5A1ro-5ft0

How We Became Millionaires with Index Funds | Vanguard, Schwab, & Fidelity:
https://youtu.be/OkLnSP4F1iQ

How to Open a Stock Account in Less Than Ten Minutes | Start Investing Today:
https://youtu.be/pkfmDRQN8oI

Best Vanguard ETFs (Exchange Traded Funds) for Financial Independence: https://youtu.be/0eM1jYV0j-k

Music: bensound.com

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DISCLAIMER:
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!

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our personal opinions.

#StockMarketInvesting #CustodialAccounts #FinancialIndependenceRetireEarly

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