gayl
Thinks s/he gets paid by the post
ItI just moved all my brokerage account PWZ and cash dividends to my Legacy Account resetting dividends in PWZ to cash instead of reinvest. The thought was that it basically assures each grandkid 50k+ compounding in inheritage in index & monthly allowance while in college (1 there now, 2 next year) leaving me my other dividends to spend / donate however I wish. I've been pondering this for a few weeks and decided to just jump in.
Leaves my brokerage account for just trading but severely diminished.
Dumb or not? How do you handled investments set aside just for your kids / grandkids to inherit? Do you separate it out?
Leaves my brokerage account for just trading but severely diminished.
Dumb or not? How do you handled investments set aside just for your kids / grandkids to inherit? Do you separate it out?
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