My teen just got his first paycheck. $40 is now in cash, $50 is on his Venmo and $200 is going straight into Bitcoin. I'm going to give him full access to one of my brokerage accounts.

one proviso ... DO NOT SELL ... I'll buy it off him if he needs some cash ....

This kid is gonna make it ... in 8th Grade he set up a homework completion service .. he had customers, sub contractors , accounts payable, accounts receivable. He had struggling students buying and had nerds selling their services. He skimmed the middle for profit.

Teachers busted that up and he resorted to buying fake designer sneakers from China on EBAY and selling them for full authentic retail to his buddies. $35 cost basis ..... $200 retail.