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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I am envious, although not resentful, of people whose parents (are able to, and) choose to do this for their kids. Talk about a leg up![/quote]
I'm an immigrant with exactly $100 bill (cliche, I know). I still don't have as much as I should by now because opening an investment account took forever (10-12 years). Now that it is finally opened, it's growing significantly. I will never know why people are not doing it for their children. It doesn't take much sacrifice. A little bit of money, knowledge, discipline, time.
Ofcourse emergencies can wipe it all out, but that's not the reason most people are not doing it. The reason is not even minimum wage and over-shopping. [b]The reason is simply not knowing how it's done.
Both my kids have over 6-figure accounts growing. 
I could do it again if all the money disappeared tomorrow. I got to have the know-how and no, it's not hard at all.[/b]
So, tell me why you are not doing it for those who are not?
[/quote]

How? From a financially illiterate person, I would love some advice [/quote]

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