Show your kids the ropes

boy checking his investment portfolio
Greenlight

Greenlight’s Max plan features an investing platform for kids that allows them to research and make trades with real stocks under your supervision. They’ll learn how the stock market works, how to manage their money safely and how to find good investment opportunities.

They can track their progress on the app and see how much money they’ve earned or lost, letting them learn from their mistakes and successes.

And don’t worry about them going overboard on expensive stocks. Greenlight lets them buy fractional shares, so they can grab pieces of their favorite companies like Nike and Apple with as little as $1.

You’ll receive real-time alerts to your phone, so you can approve (or reject) their investment decisions, and you won’t be blindsided by any sneaky trading fees, either.

In addition to the investment feature, Greenlight’s Max plan includes a debit card that lets your kids earn money from chores and introduces them to the basics of banking.

You can use the app to check off chores, load money onto their card and decide how they can use it to save, spend, donate or invest. You can even choose the individual stores your kids are allowed to shop at.

Join Masterworks to invest in works by Banksy, Picasso, Kaws, and more. Use our special link to skip the waitlist and join an exclusive community of art investors.

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Give your children a head start with safe money-management tools and real-life lessons they won’t get from school.

Greenlight Max costs just $9.98 a month for up to five kids — and it comes with bonus perks like coverage for lost or damaged cell phones and identity theft protection for your whole family.

So sign up today and get your kids investing with the guardrails on.

Fine art as an investment

Stocks can be volatile, cryptos make big swings to either side, and even gold is not immune to the market’s ups and downs.

That’s why if you are looking for the ultimate hedge, it could be worthwhile to check out a real, but overlooked asset: fine art.

Contemporary artwork has outperformed the S&P 500 by a commanding 174% over the past 25 years, according to the Citi Global Art Market chart.

And it’s becoming a popular way to diversify because it’s a real physical asset with little correlation to the stock market.

On a scale of -1 to +1, with 0 representing no link at all, Citi found the correlation between contemporary art and the S&P 500 was just 0.12 during the past 25 years.

Earlier this year, Bank of America investment chief Michael Harnett singled out artwork as a sharp way to outperform over the next decade — due largely to the asset’s track record as an inflation hedge.

Investing in art by the likes of Banksy and Andy Warhol used to be an option only for the ultrarich. But with a new investing platform, you can invest in iconic artworks just like Jeff Bezos and Bill Gates do.

About the Author

Serah Louis

Serah Louis

Senior Staff Writer

Serah Louis is a staff writer with MoneyWise.com. She has a Bachelor of Science from the University of Toronto, where she double majored in Biology and Professional Writing and Communications.

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