Amazing! What a Future You Can Build For Your Kids and Grandkids!
BE A HERO!
Do you buy your young family members presents, or give them cash for birthdays? Read about these investment ideas and you will be truly amazed !
Finances For Your Family
You could help your grandchildren, children or other young people you love to buy their first car, help pay for their college, or maybe even help them to retire with a million dollars in the bank!
Yes – You could do those things for them, and be their hero!
You don’t have to be rich to do wonderful things for them, you simply have to invest now for their future. There are so many ways to invest, from collectibles, to savings or earnings with compound interest, to life insurance policies, policies which not only help protect your family’s financial future but can also be purchased to create a retirement fund for your kids or grandkids.
Savvy insurance agents often buy the biggest policy they can afford as each child, or grandchild is born for two main reasons, to give a gift of wealth to their precious new baby, and to protect against future insurability, for example an accident or illness in childhood that leaves the child uninsurable as an adult. That is want loving parents and grandparents do, everything they can to protect their children and grandchildren’s futures.
Life Insurance Polices can help generate wealth for your family, you only have to take the step to invest in them.
How Much Do You Love Your Kids? Grandkids? And Other Young People In Your Life?
Small investments can bring them big benefits!
You Can Make A Difference!
Buying your young family members gifts and taking them on trips is really nice and fun, but for a small investment you could also be buying them a gift they may not understand now, but will treasure in the future, and keep you in their memories forever. Below are some amazing examples of how you could create wealth for your young loved ones.
Your investment for them could be a bank account, life insurance policy or stocks, even real estate, collectible coins or whatever you like as an investment for the children you love so much. Perhaps you will find a collectible hobby you can share with your kids or grandkids, or discover your young people have an interest in the business world, such as stocks investing.
You can be helping your young loved ones save for college, their first car or even a home, or help them secure a retirement, something that would cause your kids or grandkids with hold you dear in their hearts when those senior years come around for them.
Just pick an idea and make a commitment. If funds are tight, it can be as simple a giving the young ones a collectible coin each year for birthdays and holidays. If you have the funds, then putting money into a savings account or buying them a life insurance policy.
Give your loved ones a future they will thank you for! Be their hero!
Robinhood – Investing – Build your portfolio starting with just $1.
Investment Ideas
Life Insurance
Stock & Bonds
Gold
Silver
Real Estate
Real Estate Investment Stock
Business Investment
Collectibles
Stamps
Coins
Antiques
Investment Examples
Waxmans.net – Retirement Planning & Compounding Interest.
Very amazing results, go to the website and see the chart and read the full article.
Summary of their example:
Darryl
Darryl saves $2,000 per year for six years, then never put another cent into his IRA. Darryl’s IRA earns 12% per year.
Keep in mind, Darryl’s total investment is $12,000.
($2,000 per year for the first six years.)
Age 65 – $1,235,339
Cheryl
Cheryl spends her $2,000 per year for six years. After that time, she invests $2,000 per year until she is 65 years old (37 years). Cheryl earns the same 12% interest per year that Darryl does.
Cheryl’s investment is $74,000.
($2,000 per year for the 37 years.)
Age 65 – $ 1,235,557
Other Source Articles:
Another Chart Example:
DaveRamsey.com – How Teens Can Become Millionaires – WOW! Must read article!
Some Information Resources
There are thousands of articles written about investing, these are just a random few to get you started.
Life Insurance
The 6 Best Life Insurance for Children of 2021 at Investopedia
Shared Dollar Life Insurance: How Parents Can Help Their Children Retire
Investing
Consumer Portfolio Services, Inc. is an Independent specialty finance company
Retire a Millionaire on Just $35 a Week at Dave Ramsey
Compound Interest at Investopedia
Compound Interest Calculator at Investor.gov
Banking
Get Your Children Saving: A Guide To Kids’ Savings Accounts at Forbes Advisor
Greenlight – Real-world lessons in financial responsibility
Savings and Money Market Accounts at SavingsAccount.com
Kids Savings Account at CapitolOne
Best Savings Accounts for Kids at NerdWallet
Best Savings Accounts for Kids 2021 at ValuePenguin
Real Estate Investing Groups
NRIA – National Realty Investment Advisors
Find That Flip – Investing in Real Estate
Yield Street – Real Estate Investing
Stocks
What Are the Differences Between a 529 Plan and a Custodial Brokerage Account?
Best Online Brokers for Free Stock Trading at NerdWallet
Shares by the slice: Fractional investing at The Washington Post
Schwab Stock Slices – Buy a single slice for as little as $5
Stocks by the Slice at Fidelity
What Is The Difference Between Stocks And Bonds?
Your kids want to buy Roblox Stock? Heed these warnings first
Be Their Hero!
They’re worth it!
Latest Posts
Be sure to visit my blog pages where I share information, interesting stories, and helpful tips.
Oak Street Health Clinics Come to North Texas
Oak Street Health has recently opened clinics in the North Texas area. Oak Street Health are doctor offices with some additional in-house services, with clinics in about 9 states. I have personally visited two of the new Oak Street Health clinics in the Fort Worth...
Empowering Seniors – Virtual – Tarrant County
This years 2020 Empowering Seniors event will be Friday, October 2nd - starting at 10am. (some workshops may begin earlier)This is the 12th annual event, and will be held as a virtual event with a wonderful collection of guest speakers.You will be able to join this...
Walgreens Going All In On Medical Services
Walgreens has partnered with VillageMD to expand into medical services at Walgreens stores across the county. In the next five years, Walgreens plans to open 500 to 700 “Village Medical at Walgreens” physician-led primary care clinics. These clinics will accept many...
I do not charge a fee to help you, and my commission does not change your premium cost. – As an independent insurance agent I earn commissions from private insurance companies. – I do not work for the government or Medicare (CMS). — This website also earns commissions from ads, affiliate links, referrals, and reviews. – “We do not offer every plan available in your area. Currently we represent 9 organizations which offer 96 products in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.” — “We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800- MEDICARE to get information on all of your options.” – Marilyn-Kaye Insurance and its affiliates comply with applicable Federal civil rights laws, and we do not discriminate based on race, color, national origin, age, disability, sex, sexual orientation, gender identity, or religion.
See footer below for Disclaimers, and links to full Terms & Conditions, and Privacy Policy pages.
By signing up for my newsletter you are giving me permission to contact you by email.