Raising financially savvy teens requires laying a solid foundation that can withstand social media pressures and online noise. In this issue of Onward, we explore how parents can channel their children’s curiosity into sound principles that can build lifelong judgment and self-assurance.
Elsewhere in the magazine, Schwab experts discuss strategies for timing Roth IRA conversions, using AI tools—along with the thinkorswim® platform—to trade more efficiently, and how alternative investments could fit into a traditional 60/40 portfolio, as well as other timely ideas to help you move forward with confidence.
See more Onward articles.
This material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned are not suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.
All expressions of opinion are subject to change without notice in reaction to shifting market, economic, or political conditions.
Investing involves risk, including loss of principal.
Roth IRA conversions require a 5-year holding period before earnings can be withdrawn tax free and subsequent conversions will require their own 5-year holding period. In addition, earnings distributions prior to age 59½ are subject to an early withdrawal penalty.
Investing in alternative investments is speculative, not suitable for all clients, and generally intended for experienced and sophisticated investors who are willing and able to bear the high economic risks of the investment. Investors should obtain and carefully read the related prospectus or offering memorandum, which will contain the information needed to help evaluate the potential investment and provide important disclosures regarding risks, fees and expenses.