My Son Just Started His First Job. Here's How I'm Teaching Him to Invest His 401(k) Money.
Here are four low-cost, well-diversified stock ETFs that I would recommend for my own child's 401(k) contributions.
Overview
My 18-year-old son just started his first full-time job that offers a 401(k) plan. I helped him set up his investment choices. Different companies have different 401(k) plans with different investment options. Not every plan has every type of exchange-traded fund (ETF).
But I want to share the 401(k) investing strategy that I recommended to my son. I hope this can be helpful for other young people who are getting started with their careers and investing for retirement.
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Originally published at www.fool.com.
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