Set Your Kids Up for Success by Gifting Stock

By Steve McDonald Transcript:
Here’s a slap from the retirement belt. It’s one I’m sure rings true across all parts of the country.

A close friend was venting to me the other day about his daughter and what he called her “complete lack of money understanding.”

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Before he even got started with the details, I asked, “Were we any different?”

He said, “Hear me out… She’s getting married. My wife and I have offered them the option of a big wedding or a down payment on a house. We would even pay the closing costs.”

OK, I know just about everyone reading this has either been in this …read more

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