Bank of Mum & Dad: Should the kids get a leg-up? Motley Fool CIO Scott Phillips on Sunrise

Our CIO Scott Phillips joins Weekend Sunrise for a chat about what is now the 9th biggest lender in the country: The Bank of Mum & Dad

Multiple generations of a family in front of house

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Motley Fool Australia Chief Investment Officer Scott Phillips joined Weekend Sunrise on Saturday to discuss the 9th biggest ‘bank’ in the country: The Bank of Mum & Dad.

Should parents give their kids a leg-up to buy a home? Or give it a miss?

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of August 16th 2021

The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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