Robert Brokamp

The journal article quoted Neil Kobel, a home builder in Georgia, who said he's having trouble finding skilled workers, and quote, when you're competing with Amazon, they're going to put more wire in one building than in all the houses I've ever built in my lifetime, end of quote.

And now, the number of the week, which is 5.2 years.

That is how often, on average, the U.S.

stock market drops 20% or more, and it drops 30% or more every 8.9 years, on average, according to a recent report from Henry Neville of Band Group.

The report looked at 59 previous market peaks and found that three things make a drawdown more likely.

a lack of volatility, inflation that is too high or too low, and expensive valuations.

The current market meets two of those criteria, especially that last one.

Up next, which account to choose if you want to teach your kids about investing when Motley Fool Monday continues.

As a parent, grandparent, or, well, meaning adult, one of the most powerful gifts you can give a child is a head start on building wealth.

Beginning early allows the magic of compound growth to work its wonders over decades.

Plus, it gives you the opportunity to teach the next generation all about the ups and downs of investing in real time.

However, choosing the right account for a kid can be surprisingly complex, with each option offering distinct advantages and trade-offs.

So, for this episode, I'm going to highlight some of the pros and cons of the five most common options, and they are custodial accounts, brokerage accounts owned by adults, the new Trump accounts, Roth IRAs, and 529 college savings plans.

Let's start with custodial accounts.

And these are just brokerage accounts.

But since a minor can't completely control a brokerage account until they reach the age of majority, it has to be a custodial account.

These are usually called UGMAs or UTMAs.

The Uniform Gifts to Minors Act was passed in the 50s.

Most states now also allow the Uniform Transfer to Minors Act, the UTMA.

past in the 80s, that generally has more flexibility.