(cont'd from yesterday's post)
Founder of Dell Technologies, Michael Dell, is all in on this idea. An investor all his life, he and his wife seem inspired: they are giving $6.25 billion out of their own charitable fund to give kids --not babies, but 10 and under--their own investment account seeded with $250.
Spending the money will be totally up to the child when he or she has access to it; no requirement dictates what it must be spent on. Meanwhile, "They'll learn about dividends, re-investment, and long-term thinking--not by studying financial theory, but by seeing their money steadily increase."
It could change families for generations.
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