In this most wonderful time of the year, you don’t need to break the bank to help a grandchild. Give the gift that keeps on giving—COMPOUND INTEREST—and let TIME do the heavy lifting. You don’t need to fill Santa’s sleigh with cash. Tuck a little into their stocking each year while sugar-plums dance in their heads using my favored Fidelity UGMA.
Start early. It is the key. Because time is the magic that makes money fly.
And yes, TIME is a double-edged sword. It goes by too quickly—and yet it turns hundreds into hundreds of thousands.
Do what I illustrate below, and you will stop TIME in its tracks like a reindeer landing on your roof.
How? Because they’ll never forget YOU.
E.J. Smith - Your Survival Guy
Latest posts by E.J. Smith - Your Survival Guy (see all)
- “What Do You Do If the Market Crashes?” - April 19, 2024
- Costco Gold Bars Sell Out Despite Premium Price - April 19, 2024
- A Wise Man’s Take on the Boston Bruins’ Playoff Chances - April 19, 2024
- Is Your Retirement Life a Mess? Let’s Talk - April 18, 2024
- Your Survival Guy Learns from Marie Kondo - April 18, 2024