A Roth I R a Is a Teaching Vehicle

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Every february, in our house, we give the advances on inheritances. Andepending on how much the child made, they can get up to six thousand dollars as their advance. It goes into a wroth i r a and that becomes this teaching vehicle for them. If you've been doing this since your kid was a tean ager making 15 hundred or two thousand dollars, then it becomes a more normalized process.

In this episode we answer emails from Micah, Steve and Keith. We discuss the limit on the usefulness of Sharpe and Sortino ratios, helping out Steve's daughters with building and managing a portfolio for medium-length goals and what else Uncle Frank says to guide his adult kids with ant brains and grasshopper brains and comparing actual performances with Portfolio Visualizer models.

Links:

Portfolio Visualizer comparison of short term treasuries and gold: Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)

PHYS ETF particulars: Sprott Physical Gold Trust

Walk For McKenna: Walk4McKenna - Father McKenna Center

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