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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Our 21yo DS has been contributing earned income to his Roth IRA since 2020 and now has $442K saved in it. DH set it up for him when he was 17yo and was only making a few thousand per year to contribute. They meet once per month to review current and future investment options, establish buy/sell orders, and perform forecast projections.

DS will be going to Harvard Law in the fall and now has access to ample funds to cover the living and tuition costs with ease. [/quote]

You're saying that your son has $442K after investing the Roth max for just 4 years?  Come on, now. [/quote]

Definitely. Need to know what you’re doing, of course, which is where the monthly sessions between DH and DS have been so helpful. So far, the best return has been on Planet Labs (PL) stock. DH works in the space and defense industry and realized it was a steal at $2 per share in 2024 and convinced our DS to buy 5,000 shares in his Roth. Now worth $142K. He also bought 300 shares of PLTR in 2022 that are now worth $51K. The rest has been a lot of buying and selling of highly volatile stocks. DS is looking to hit the $1M mark by the time he finishes law school. 
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