Teach your kids how to invest, right now.
If you have a child in the work force right now I want to make a recommendation to you. Please help that child to learn how to invest during this time of economic upheaval. The lessons learned will be priceless. Imagine if you were 18 years old and someone had taught you how to do just that. How much was BRK-A, L, KO, X, PG, CL, HON worth when you were that age? How much more would your net worth be today if you had put just 10% of your pay in those kinds of stocks back then? Yeah, I had the same reaction. Now imagine wrapping those investments in a Roth IRA. By the time your 18 year old retires at 65 there would be 47 years of well invested dollars, tax free that will lead to a marvelous retirement.
If you do this your child can pass along your knowledge, wisdom and lessons learned from this market to the next generation. This is how the Vanderbits, Rockefellers, Carnegies and others have built family fortunes. Don't be left out.