I have thought this over quite extensively. If and when they are in the process of making some grave mistake, like selling their house to invest in options or futures, I would get involved, preferrably by someone from outside. My first son-in-law takes advice from me infrequently on business matters, although his father is the succesful businessman and his uncle as well, and I don’t think he asks them, although I personally asked his uncle about something. My hunch is that he knows that he doesn’t have to do what I say, and I don’t take not listening to me personally. he asked me a few times about investing in futures, and proven methods for winning. I told him it’s all a bunch of …, he said he had a friend who took a class in a specific “no risk” trading method and asked if I would like to join him, I told him, I wouldn’t mind, but I’m firm on my beliefs. He asked me about getting a credit card, after they got married, and I told him I thought it wasn’t a good idea for a young couple. He decided he wanted to get one, and asked me how to convince the bank to give him one, which I did. I think they are only using a debit card now.
Let me know what you think. I’ll try to write some more.