The other day I’ve read an article about a suggestion from an invest manager in US to get a birth right for each individual born in US in this case of having a fund open in a low cost Index fund of 6.7K$ (not remembering the right figure).
He foretasted that at the time of pension you will be millionaire and therefore (you do not really need to have a financial social system to support your old generation over the life time.
I was thinking to do it for my kids . What do you think? → not really thinking in pension time but as an investment and teaching finance to them. They could maximize or withdraw for some events in their life whenever will be old enough.
Is it make sense to invest frequently or just setup and forget?