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Ep 147: The best way to teach your children about money?

Medics Money podcast

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Investing With Your Kids

I want to use their junior stocks and shares. I said to teach them about investing. So they're basically got 80% in a low cost, globally diversified index tracker. They've got 5% in one single stock. And what I'm hoping to demonstrate there over the long term is passive low cost is going to outperform active. It's really fascinating to see it play out in real time because my eight-year-old has already got eight years of under the belt. But my three year old, she bought into the market in February 2020, just before COVID. Lost a ton. The single share that I like, I don't own any single stocks, but the

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