Dear Eric: We have two nephews, 17 and 21, and felt it was time to teach them money management skills and saving for retirement. At Thanksgiving, we funded two brokerage accounts for each – a $7,000 Roth IRA and $3,000 brokerage. We also gave two books on long-term investing.

Their response has been almost zero. And they have indicated they don’t do email and only read very short texts.”