My family setup is a little different. my parents own a freehold penthouse and that's their investment because it has doubled in the last 5 years.
My dad is more traditional and doesn't invest as much. My mum on the other hand is more savvy and adventurous. She begun investing in SSB with me during the covid season then slowly moved into T-Bills and now I'm getting her to slowly try some dividend stocks which will generate cash flow for her in her golden years.
My partner on the other hand, always wants to invest but has never tried. We did a plan to buy 1 APPL share a month, but it lasted for 2 months, then the fire in her died because returns were not great.
But when she sees my portfolio, she gets a little jealous. So I have to educate her that it's invested over time and not all in a single go, so she can't compare my portfolio to her.
But overall, for myself, I'm 30% crypto, 30% stocks and 30% Bonds with 10% as free cash in MMF or FD for interest yields and emergency fund.
Do You Invest in Stocks With Your Family?
Fed’s data shows that 58% of households own stocks.
Researchers indicated in a 2020 study that a majority of the wealthiest American households have their assets tied to stocks, while assets for most middle-class families are linked to real estate.
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Would you invest in stocks together with your family?
What is the proportion of stocks in your family's assets?
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