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Reply to "Small gifts of high risk early stock for my teen’s Roth IRA"
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[quote=Anonymous]I am poor, my teen has a part time job and helps me out a little. I opened a Roth IRA for him and put some money there in FXAIX and the like. I want to spend $100 each for maybe 5 companies that just barely went public and are high risk and have a potential of becoming the next Amazon or Apple in the next 45 years. Is this even a good idea and if yes, what should I buy? I am ok with pissing away that money as most of his contributions will be in indices anyway [/quote]
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