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Episode 201: The Limits On Risk/Reward Ratios, What To Tell Your Kids And Avoiding Trading Pitfalls

Risk Parity Radio

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A Roth I R a Is a Teaching Vehicle

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.

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