Probably everyone at least one time had a though ‘What if I were born in a rich family?’. I could get any toy, school, clothes I want and had no worries about the college payment or mortgages, etc. Think about the rich families: Rockefeller, Rothschild, Forbes, Walton and others. How did they start?
They started with one person who wanted to build an empire that would last longer than him. For this, one needs to preserve and expand assets whether it’s a company or a capital.
People like to dream about money falling to them out of nowhere whether it’s to be born in a wealthy family or receive an unexpected inheritance or win a lottery. Rarely do people dream of becoming this one unique ancestor who had built the foundation of the wealth for the future generations.
If fate didn’t give you a lemonade yet, what if you start collecting lemons one by one?
One could say that it would take a long time to create wealth and there is no time. But who has time? Children do.
Up until 18 they don’t need a lot of money to have a decent life, schools are public, clothes, food and house parents would provide anyway, so not many expenses. This is enough time to build a foundation for a wealthy future.
A little bit of Math here. If a parent/kid saves and invests $100 each month (which is realistic) for 18 years with 15% annual return rate (market average), the end sum would be $111,889. You can count your own result with our investment calculator.
Wow! That could pay tuition in Harvard or a house! Why not step up and help them earn money for their prosperous future with companies we all spend money on anyways? We have created a list of companies many children get in contact with and many parents pay money to. So we suggest to make money from it, the other way around — by investing in their stocks. Check them below 👇🏼
You'll find a range of stock collections in our Gainy.app, which makes it very easy to find new investment ideas designed for your goals.
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