Naamkaran Day
Dear proud parents,
Today we celebrate the beautiful name that will follow this little one through every giggle, adventure, report card, snack negotiation, and future boardroom takeover.
For my naamkaran gift, I am giving $300 cash. My request: open a custodial investment account for her and invest it with a simple future-boss split:
Get $150 worth of Amazon and $150 worth of Microsoft, then let compound growth do its quiet magic while she focuses on the important work of being tiny and adorable.
Parent checklist
- Open a custodial brokerage account in her name, with one parent as custodian.
- Deposit the $300 gift.
- Buy $150 worth of AMZN and $150 worth of MSFT.
Side note: if you are not already aware, please also open/check eligibility for her Trump Account at trumpaccounts.gov or through IRS Form 4547.