"For my kids, I focus on putting some capital away in their education accounts as their primary gift. The plan is to talk through the investing process with them when they're old enough, and try to build up their sense of responsibility around money, and give them a solid understanding of personal finance and all the other psychological aspects that go into building wealth for them and their future families."
"The world is a big place, and while your kids and grandkids may certainly be looking forward to some travel, the Vanguard Total World Stock ETF (VT) can allow them to benefit from global exposure earlier than they may feel comfortable climbing onto a plane. This ETF tracks the entire global stock market, holding roughly 98% of all investable equities across the U.S., other developed nations, and a broad swath of emerging markets as well."
"Thus, investors looking to truly benefit from strong global economic growth tailwinds can do so in one neat package. And importantly, this exposure can be had for an expense ratio of just 0.06% - a fee I'd argue is dirt cheap considering the breadth of exposure this ETF provides."
Gifting choices include physical goods, experiences, or appreciating assets, and long-term capital can serve as a meaningful gift. Prioritizing contributions to education accounts creates an opportunity to teach investing, responsibility, and personal finance to children. Choosing investments early matters for portfolios with multi-decade horizons. Vanguard Total World Stock ETF (VT) provides global exposure covering roughly 98% of investable equities across the U.S., developed nations, and emerging markets. VT carries a low expense ratio of 0.06%, enabling broad, cost-efficient diversification and a set-and-forget approach for long-term investors.
Read at 24/7 Wall St.
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