>1) You expect someone making minimum wage to have the time and energy to put together a sound investment strategy. I suspect that most people will not do what

>1) You expect someone making minimum wage to have the time and energy to put together a sound investment strategy. I suspect that most people will not do what I think would be best for them to do. The difference is that I don't want to usurp their personal freedoms. >These are children who go to Ivy League schools, and their parents don't let them have access to their savings. It's not because they are stupid, its because they are human. I agree that the people who have earned money should get to do with it whatever they want, including withholding it from their adult children. Let's apply this universally. You are more than welcome to take some of your money to hire and over-pay minimum wage workers and create these grossly paternalistic contracts with them where you dictate how they're allowed to spend their pay. Just don't try to do it with my money.