Want to introduce investing to your kids? Owning a share of stock is a good place to start as it will likely inspire them to track performance and allow them to experience risk and rewards through the real-time ups and downs of the market.
Why start with one share of stock vs. a mutual fund or other kind of investment? Investing in a company you know, possibly one that you frequent and are a loyal user of their products, makes that investment personal and a lot more interesting. A more provocative investment will capture and keep the younger investor’s attention and hopefully, inspire them to add to that initial investment and even invest in another company.
One way to get started is to buy shares direct from the company. Continue reading