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Author: navarchjd One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75539  
Subject: Re: Roth for daughters - what fund Date: 1/26/2004 7:03 PM
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Only $500....if you have any more of that "only" stuff laying around I'll take some :-)

I think there is some value in the original comment. At what point do we let our kids learn from experience. I for one think that the longer we bail them out, subsidize their adult spending habits or protect them from real world life where decisions have repercussions the less incentivized they are to take charge of their own life. These are not kids who need to be guided but young adults who should be starting to recognize the value of good advice when given. I agree there is behavior modification here but I'm also not positive exactly what behavior is being reinforced here. The danger that the message sent is..."don't save anything and I'll give you half...love Mom & Dad" is real. I think kids often see our actions through entirely different filters than we intended. What is to stop them from seeing the contributions to a Roth as free new car cash in the future since contributions can be withdrawn at any time?
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