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. ---------------------- Would you invest in stocks together with your family? What is the proportion of stocks in your family's assets?

avatarSTLoke
01-14
$Tiger Brokers(TIGR)$ Investing in stocks with a family member can strengthen financial bonds, foster shared goals, and provide a platform for learning about investment strategies together. It promotes collaboration and can be a fulfilling way to work towards common financial objectives. User Imagine you invest in stock together with your family member. Tell me why in 500 words ChatGPT Investing in stocks with a family member is a dynamic and strategic decision that extends beyond the realms of financial gain. This collaborative approach to wealth management holds the potential to fortify familial bonds, instill financial literacy, and create a shared legacy that transcends generations. At the heart of this decision lies the opportunity to stren

🎁Would you invest in stocks together with your family?

Fed’s data shows that 58% of households own stocks.The wealthiest 10% of American households currently hold a record 93% of US stocks.In the third quarter, the bottom 50% of income earners in the US held only 1% of all stocks and mutual fund shares.Although remote work and government stimulus funds during the pandemic fueled the growth of retail trading, many retail traders had to cut losses and exit during the bear market in 2022, unable to withstand significant losses.Researchers indicated in a 2020 study thata majority of the wealthiest American households have their assets tied to stocks,while assets for most middle-class families are linked to real estate.Would you invest in stocks together with your family?What is the proportion of stocks in your family's assets?Leave your comments a
🎁Would you invest in stocks together with your family?
$Tiger Brokers(TIGR)$  PCT: RickPANDA Just Get Promoted To Little Family Funds Manager V10.0 : PCT = Pandas Coffee Talk. Wife CHOY just give me 1000.00SGD to invest in SVOL in Tiger for her. It is a good start as a pandas family. But best of all. Feel these months in Tiger is worthwhile the time spent. How to be your Wife Funds Manager. Me RickPANDA recommends below steps: 1. Learn. YouTube is full of disruptive videos all for free. Listen to all good teachers. Ignore all bs teachers. 2. Study. A BBA business degree really help. Because you know you are trained to degree & still a stupid idiot in becoming a millionaire. So you will go beyond your educations to do beta testings. 3. Homeworks. There are many conflicting views. Some say dive
avatarBonta
01-14
Investing as a family is a personal choice. I am currently trading options for my wife, meanwile i do update her when there are good deals in the stock market. She decides whether to buy. Meanwhile, for my child, instead of buying endowment insurance, whole life insurance etc, i buy term insurance and critical illness cover for her. Using the difference in premiums saved, i buy dividend stocks in a seperate portfolio. I do not believe that insurers and banks can give a better rate of return than directly investing in the stock markets. As child is young, i will let the powers of dividend investing & compounding do their magic. This dividend account, if follow plan, the dividends should at minimum be able to pay for pocket money and allowance when child grows up. One of my biggest regr
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
avatarDiAngel
01-13
I wont invest in stocks together with my family as my interpretion of chart might be different from their point of view. I should take pride of my own gains or loss in stocks market. Basically you are your own boss of your portfolio or you are the parent of those babies ie counters. If i have a good profit then i will donate more to the charities end of the year. Not a good year, i will still donate as i need to bring down my income tax
avatarpekss
01-14
As my wife and sister do not read much about stock market, I share what I have learnt of the latest and greatest market news with them, analyses and researches that I have read or performed, but leave their investment decisions to themselves. I hold some US stocks for my wife that I bought on her behalf before she opened her personal trading account with Tiger Brokers.
avatarMHh
01-13
Replying to @MHh: @Success88 @AliceSam @rL @SPOT_ON @DiAngel @Fenger1188 @HelenJanet @SR050321 @Kaixiang come join//@MHh:No, investing in stocks is an individual decision and hard to agre
avatarAqa
01-16
My whole family started together in buying shares of $Singtel(Z74.SI)$ during its IPO. Singtel shares is one of the stocks we talk about during dinners. We leave the details of stock investments to each individuals.
avatarMrzorro
01-14
I wont invest together with my family because not everyone love to invest and their pount of view also different (by the way I am in deep red  [LOL] [Facepalm], not suitable to bring someone down with me)
not really, but sharing stock market with family who also is part of the Tiger Brokers member!<br> Particularly for great bargains hunting or learning from each other portfolio result as good reference since we have totally different egg's basket
Replying to @Universe宇宙:[Like] [ShakeHands]//@Universe宇宙:Leave your comments and also post to win tiger coins! @icycrystal @Shyon @melson @LMSunshine @MHh @Bons @DiAngel @Mrzorro @rL
avatarMHh
01-13
No, investing in stocks is an individual decision and hard to agree on which stocks to hold and when to buy/ sell. Having interests tied to money can turn ugly quickly. Not worth!
No. Each individual have different preference of investment instruments and risk tolerance. Still need DYOD. unless this is a family's mutual fund entrusted to me to invest... [Happy]
avatartungleh
01-18
$Tiger Brokers(TIGR)$ yes, with my dad and  siblings. But our mindset are different. I prefer dividend earning but my dad prefer to earn the difference and then move on to next stock.
No I won't. Cos i secretly invest and build my own portfolio 😅. Cannot let my wife know later she take all the money. 😂
avatarWoodys
01-13
Absolutely! I believe we should be teaching our children from a young age about the benefits of compounding interest.
family members could act as sleeping partners. my kids's funds are aggressively invested
no no no. everybody responsible with their own money. I'm not a hedge fund manager.
avatarjhtiger
01-14
No, only individually to avoid any potential headaches with investment decisions