Financial folks

[WeycoDawg]

Need advice on best credit card options. My 18 y/o daughter is a saver and has a checking & savings account. She’s put away about 12k this year alone in savings and wants to start a Roth and open a credit card account to establish credit. Any recommendations on a Roth as far as ease ability and support? Also, what is the latest credit card you recommend for someone younger. I use a visa rewards card that sends my points to fund the kids 529 plans

 

[shiv]

Damn good on her.

From what I know Vanguard and Fidelity are the best options for Roth

I would suggest going with Vanguard and stick every dollar into VBIAX. It’s the one fund that Buffet suggested his kids to buy and you will never need anything more than that

As far as credit cards, might just look at one from yalls current bank. Keep it simple to get credit started and everything will be contained in the same spot

 

[WeycoDawg]

Damn good on her.

From what I know Vanguard and Fidelity are the best options for Roth

I would suggest going with Vanguard and stick every dollar into VBIAX. It’s the one fund that Buffet suggested his kids to buy and you will never need anything more than that

As far as credit cards, might just look at one from yalls current bank. Keep it simple to get credit started and everything will be contained in the same spot

Thank you. Looking into VOO and will also consider VBIAX. My daughter is super smart and is really good with her money so she wants to start a ROTH now b/c she understands the strength of early investment dollars going to work.