Podcast Episode

6

#6 - Investing Young (like really really young)

Summary:

In this episode of the Simplifynance podcast, host Rachel Stewart, financial advisor, talks to Ava Grace about her experience of investing young. Ava is only 10 years-old, in the fifth grade, and already has clear goals for her investments.

 

Show Notes: 

●           0:40- Ava Grace is a 10-year old investor with a financial advisor

●           1:25- How did Ava decide to get an investment account

●           1:49- What does Ava think is the hardest thing about investing

●           2:34- What are Ava’s plans for her investments

●           2:56- What has she learned about investing

●           3:58- Why is it important for kids to understand investments

 

3 Key Points:

1.     You’re never to young to learn about investing.

2.     Buy low sell high is Ava’s takeaway from her expereince

3.     Accept that investments can fluctuate.

 

Tweetable Quotes:

-       “One of the things I do as a Simplifynance financial advisor is encourage clients to start soon on their plans so they can hopefully finish strong in the end.”  –Rachel.

-       “I have two things I want to do with it (investment account). Donate to charity, specifically Charity Water, and hopefully go to Stanford.” – Ava.

-       “I have one advisor that I talk to every day, and that is my Dad. And the other one I see about every two months.” – Ava

 

Resources Mentioned:

 www.simplyfinance.com

 

Contact Information:

Rachel Stewart