- Whether investing for children or retirement, the goal is to maximize portfolio value at a specific future date, not now or in the next six months.
- Be wary of fees as they eat up a huge part of your future wealth. I’ll show how to avoid them.
- Temporal diversification and buying companies that create value will do wonders over time.
Our greatest treasure is, of course, our kids. I’m a proud father for six months now and I must say that every day since my child was born has been the most beautiful day of my life.
In that spirit, I want to provide the best possible environment for my kid to grow up, but also to enable him to do everything he wants when he is older. This has me, and probably many other parents or grandparents, already thinking about college tuition money, start-up capital for a business venture, helping with the down payment for a house, or simply paying for a wedding or a honey-moon. The notion that you can build a substantial nest-egg with small monthly payments is very attractive to me and will also provide a great educational experience to my kid as it will show him how small actions over a long period of time can bring huge results. More →