JoeWras
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Sep 18, 2012
- Messages
- 11,715
I listened to a snippet of a radio program yesterday which was imploring parents to get their young teens an account and invest in a little bit of a mutual fund or ETF, just to get them to understanding the language and process of investing. Good advice.
This sparked a memory. My first "real" legal signature.
What was yours? W-4 at that first job? Driver's license? Juvenile court?
I remember mine well because I was so nervous.
I was about 9 years old. Cursive writing was still on my mind, having just learned it. Of course we practiced our "signature," but that was for letters to aunt Marie.
One day, Dad and Mom announce that I'm going to learn to invest in the stock market, taking half of my savings as part of the process, with them investing another half. (I had a passbook savings account, but I didn't have to sign anything for that.)
I had to sign some brokerage form, even though this was a UGMA. It is just one of those things you remember, looking at that terrible signature on this very adult form.
Do you remember?
BTW: that little event was the best financial decision my parents ever made. I spent the rest of the 70s tracking that stock, graphing the S&P, and just paying attention. The stock did terrible during most of the 70s (an early fracking company, of all things), but in the late 70s, it shot up about 300% and we sold in oil crisis #2. I was a mid teen by then and much more aware. I carried the investing habit with me directly to my first days at work, when I had a chance to sign up for a 401k.
This sparked a memory. My first "real" legal signature.
What was yours? W-4 at that first job? Driver's license? Juvenile court?
I remember mine well because I was so nervous.
I was about 9 years old. Cursive writing was still on my mind, having just learned it. Of course we practiced our "signature," but that was for letters to aunt Marie.
One day, Dad and Mom announce that I'm going to learn to invest in the stock market, taking half of my savings as part of the process, with them investing another half. (I had a passbook savings account, but I didn't have to sign anything for that.)
I had to sign some brokerage form, even though this was a UGMA. It is just one of those things you remember, looking at that terrible signature on this very adult form.
Do you remember?
BTW: that little event was the best financial decision my parents ever made. I spent the rest of the 70s tracking that stock, graphing the S&P, and just paying attention. The stock did terrible during most of the 70s (an early fracking company, of all things), but in the late 70s, it shot up about 300% and we sold in oil crisis #2. I was a mid teen by then and much more aware. I carried the investing habit with me directly to my first days at work, when I had a chance to sign up for a 401k.