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Wealthy leaders share financial advice they gave their kids: Invest early, learn from failure — and think carefully about inheritance

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Summary
Nutrition label

81% Informative

Entrepreneur Eric Malka had to completely shift his mindset when he sold his company and became an investor.

He took courses on wealth management, read books on investing and now has a diversified portfolio of stocks, bonds, private equity and real estate.

Singapore -based CEO Gregory Van and his wife have investment portfolios for each of their kids.

"Give them an allowance no later than the first grade," is Olarte de Kanavos' suggestion.

"My goal is for her to grow up financially savvy, confident, and ready to make her own decisions," says Roshni Mahtani Cheung , CEO and founder of media company The Parentinc .

Tiger 21's Michael Sonnenfeldt suggests parents encourage open, values-driven conversations about money and investing.

VR Score

87

Informative language

88

Neutral language

79

Article tone

informal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Source diversity

1

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