I sent off the paperwork today for Grace's first investment with our financial adviser. She had $3000 that was sitting in a CD earning next to nothing. So we talked investment strategies and then I had her talk to Marion, our financial adviser and they came up with a plan.
She divided the money in half and invested it in two different funds. One is a bit more aggressive than the other and it will allow her to compare the two.
The coolest thing is Marion generated a chart that showed how much money I would have now if I invested $3k in similar funds when I was 14....$122k!
I LOVE that she is thinking about things like this. I certainly never cared about such things when I was 14.
No comments:
Post a Comment