Note to my Buddy-Your Trust Acct

Hey Buddy, you’ve just turned 8 and now in Year 3. I know I may have been a bit rough on training you to prepare for NAPLAN, but I know you’re smart and capable so just don’t want you to be lazy and play games all day. Work hard and play hard. Finish your Taekwondo then NAPLAN and Kumon work first, then you may game until dinner. I’ve trained you on the harder multiplication and division since you’ve nailed the addition and subtraction as well as shapes.

You’ve received 20K gift from your grandparents, so I’ll match another 20K. Your total portfolio is close to 100K TMV. I’ve sold some positions since some of the ETFs are hitting in the 52WH range, and I’m staying in mid-range. By end of this month, I’m planning to increase the positions up to the risk % range since the March ex-dividend is coming up. I’ll post some snapshots by month end. I’ll explain all of this to you during the Christmas holidays. Before you start Year 4, Term 1, I’ll teach you how to buy ETFs and calculate how many shares you get based on how much you plan to invest. It’s no different than you buying your hot wheels cars in packs. You spend 10 for a 5-car pack, so you already know that each car costs 2. Love you kiddo.