Over the last several years, I’ve been doing a lot of thinking about teaching kids how to invest. There is so much potential good that could come about by getting kids started with investing as soon as possible. In a practical sense, they have an abundance of one of the most important ingredients for compounding […]
Tag Archives | Sound Mind Investing
Tough Money Conversations With Kids
If you’re going to help your kids learn about money, getting them started is one thing; keeping them going is another. Motivation can wane. That’s what seemed to be happening the other night with one of our kids when he opened up a conversation about investing. Don’t get me wrong. It’s not like the wheels […]
How NOT to Invest
I overheard a conversation about investing recently that made me a little crazy. I heard several perspectives that I completely disagreed with, ways of approaching investing that I think can be far more harmful to a person’s portfolio and peace of mind than helpful. Since I didn’t feel like I could insert myself into the […]
Do Target-Date Funds Miss the Mark?
In general, I believe there’s more to like about target-date funds than dislike. However, several recent articles have taken such funds to task. Let’s see if the criticisms are warranted. A little background Target-date funds greatly simply the process of choosing an appropriate mutual fund, getting the important asset allocation process mostly right and automating […]