Poll Result: Bank of Mom and DadÂ
The results are in! Most of you would shoulder the responsibility of carrying loved ones’ money, ahead of being scrutinized by an angel or waiting weeks to crowdfund an idea. Get those credit ratings looking chipper for that favorable bank loan, and there’s always your mates as a popular fall-back option. Interesting stuff!
 Parents = 34%  Bank = 28% Friends = 15% Crowd Fund = 12% Angel = 11%
A kid’s brokerage account is more accurately called a custodial account. This is a brokerage account that parents or legal guardians can open on behalf of their child.
The day ended with the S&P 500 down 1.65%, the Dow Jones down 1.63%, and the NASDAQ down 1.60%.
Apple and Microsoft have separated themselves to dominate the markets.Â
This week, we asked the Invstr Community, “Do you think the government should have stepped in and covered all deposits over the FDIC limit of $250K at Silicon Valley Bank?”
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