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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][quote=Anonymous]If you are poor, you should have Roth IRA for you and a regular investment account. I don't suggest opening an account for a minor child in your circumstances, but what's done is done. You need to learn personal finance and investing. Once you have made all the mistakes, learned from them and found your way to good ETFs, you can help your child. Since you want to piss away $500, go ahead, but remember, you are learning nothing. All your child will knows is that you invested and lost it all. Neither of you kept up with the news, economy, or market. What has kept you from investing be it $50 a month? I know you don't invest. [/quote] I am not here to be accused of anything. I have my own Roth IRA. I don’t have an investment account for reasons that are clear to me. I don’t invest $50/mo because I don’t have them. I get a tax return or some extra money and I invest them. Why do you think you have a right to lecture me like that? [/quote]
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