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> I told my kids either the shares will pay for their college, or they may need some scholarships. Probably not the best strategy to put essential money into a
by anjc 7y ago
> I told my kids either the shares will pay for their college, or they may need some scholarships.
Probably not the best strategy to put essential money into a growth stock during an unprecedented bull run and expect the growth to continue for another 9 years. The likes of TSLA being at a higher price than today in 20-30 years are decent, but in 9 years? Very uncertain. See: every growth stock that hit a peak in 2000, and what happened in the following 9 years.
At the very least, it's probably not the best idea to tell your kids that this is what you're doing.