Simple Commonsense Formula Rocks Financial World (7.5% bare minimum yields and 30% gains are possible)

Financial Fun: Creative Ways to Teach Kids About Money [StreetAuthority]    [Simple Commonsense Formula Rocks Financial World (7.5% bare minimum yields and 30% gains are possible)]( To pass the first of the five tests a stock needs to fully satisfy my Wealth Formula… it needs to pay out nearly 4.5x more than regular companies. Which means it must sport the potential to both shoot up 30%... while also doling out a 7.5% dividend. Bare minimum! I’ll show you the full gauntlet I run these stocks through, including the details on five that have just made it through with flying colors… [Just click here.](   Financial Fun: Creative Ways to Teach Kids About Money By John Persinos  Next to sex, what’s the most awkward topic to broach with you kids? Why, it’s money, of course. As with the birds and the bees, the financial facts of life aren’t an easy discussion for most parents to have with their young children. But if you don’t teach your kids the financial basics during their formative years, you’ll regret it later—especially if they have trouble making a go of life and end up “boomeranging” as adults to come back and live in your basement. They need to learn that it’s never too early to start building wealth. Indeed, their youth gives them enormous leverage, but only if they use it. Here’s how to teach your kids the practical money skills they can draw on for a lifetime. Consider it a gift that only a parent can give. - Open a checking account in your child’s name. Unfortunately, most banks won’t allow a minor to set up a checking account. However, a few banks do allow a kid to be a signer on an account as long as a parent is a co-signer. Federal laws prevent banks from pursuing minors for bounced checks, so they’re going to require that the parent ultimately assumes responsibility. Call around to find a bank in your area that offers an arrangement like this. The most important lesson of the checking account is learning to balance income and expenses. This is a perfect way for your child to demonstrate living within her means, being responsible for her bills, and setting financial priorities. Encourage her to show you that she’s mature enough to make some of her own financial decisions. This is also the perfect time to show her the magic of online banking. Some banks will even text message account info to her smartphone—how cool! And don’t forget to explain that just because there are still checks in her checkbook, there isn’t necessarily money in the account. (From time to time, I must explain this to my wife.) [Read More...](   [money plant]( [These are the fastest-growing dividends on the NYSE]( Struggling to find FAST-GROWING dividend income in this market? Bad news… once “gold standard” stocks like Walmart, Coca-Cola, and Johnson & Johnson… aren’t going to get you there. But one elite group of income stocks has quietly outperformed in every market downturn, recession, or correction… r[aising dividends by double digits...]( for nearly two decades running. These stocks could be the first (and last) step toward finally wiping your financial worries away for good. [Discover just how much these ‘Dividend Dominators could hand you - here.]( You are receiving this email at {EMAIL} as part of your subscription to StreetAuthority. To ensure that you receive these emails, [please add us to your address book.]( [Terms]( |  [Privacy]( |  [Unsubscribe]( ©2024 StreetAuthority 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.