I have personally traded stocks for a good while but I really want to teach my kids to understand the benefits and power of compound interest. There are several providers that offer custodial accounts that automatically transfer to your child when they turn 18 without transfer fees.
Does anyone have any experience with custodial accounts? If so, what apps do you prefer and why?
I do not wish to go through an adviser or broker for this, just simply a do it yourself app so my kids can be involved. Thanks in advance for the help!
Does anyone have any experience with custodial accounts? If so, what apps do you prefer and why?
I do not wish to go through an adviser or broker for this, just simply a do it yourself app so my kids can be involved. Thanks in advance for the help!