Helping Your Children and Grandchildren Learn How to Invest
Craig Israelsen Overview:
This webinar reviews affordable mutual funds (and ETFs) that parents and grandparents can utilize to help their children and grandchildren set up investment accounts. The importance of setting up the “Automatic Investing” option will be reviewed.
Why you should Attend:
This webinar reviews mutual funds and exchange traded funds (ETFs) that can be utilized by parents or grandparents in behalf of children and grandchildren.
An important attribute of the mutual funds highlighted in this webinar is a modest initial investment requirement (not over $1,000), good historical performance, low cost, and offered by reputable mutual fund companies.
UGMA/UTMA account options will be reviewed (where the parent or grandparent acts as the custodian for the minor child/grandchild).
Areas Covered in the Session:
- Basic introduction to mutual funds and ETFs (Exchange traded funds)
- Review of mutual funds with low minimum initial investment requirements
- Review of basic portfolio concepts (using various mutual funds to create a diversified portfolio)
- Logistics of setting up accounts for children/grandchildren (UGMA/UTMA)
Who Will Benefit:
- Anyone wanting to help a young person start investing
Speaker Profile
Dr. Craig L. Israelsen holds a Ph.D. in Family Resource Management from Brigham Young University. He received a B.S. in Agribusiness and a M.S. in Agricultural Economics from Utah State University.
He taught at Brigham Young University for 9 years and at the University of Missouri-Columbia for 14 years. He now teaches as an Executive-in-Residence at Utah Valley University in the Personal Financial Planning Program.
Primary among his research interests is the analysis of mutual funds and the design of investment portfolios. He wrote a monthly research article for Financial Planning Magazine for over 20 years and is a regular contributor to Horsesmouth.com, Better Investing Magazine, and the American Association of Individual Investors Journal. His research has been published in the Journal of Financial Planning, Journal of Asset Management (U.K.), Journal of Performance Measurement, Asia Financial Planning Journal (Singapore), Journal of Family and Economic Issues, and Financial Counseling and Planning.
His research has been cited in the Christian Science Monitor, Wall Street Journal, Newsweek, Forbes, Smart Money Magazine, Kiplinger Retirement Report, Advisor Perspectives, Dow Jones Market Watch, Family Circle Magazine, and Bottom Line Personal.
Dr. Israelsen is also the developer of the 7Twelve Portfolio (www.7TwelvePortfolio.com) and the author of three books. His most recent book is titled "7Twelve: A Diversified Investment Portfolio with a Plan" (John Wiley & Sons, 2010).
He is married to Tamara Trimble. They have seven children. Hobbies include hiking, flower gardening, photography, and traveling. He competed in the Boston Marathon 5 times, but never won.