Getting Kids Started With Investing (without breaking the bank)
This week I was interviewed on Wisconsin Public Radio on my favorite topic – kids and money. After the show I received the following question from a listener:
On the radio (Wis. Public Radio) your last statement was teach your child how to buy 1 share of stock. Question: How would I be able to teach my grandchild how to buy a share of stock—when I would not have a clue how to do it even for myself. Not that I haven’t tried either, I have signed up for seminars and you name it. Let’s see, one guy—-after the seminar was over wanted $500 dollars for a 3 day class. When I got to the class, the entire seminar was about how you really need to take this guy’s 2 week class for the cost of anywhere from $5000 to $20,000.
Where do you find training on buying stocks, without costing a fortune or buying some costly software or investing program. I am not independently wealthy enough to pay for these outrageous prices just to help my grandson buy 1 share of stock. Please advise. Thanks, Carla
Start here – www.oneshare.com where 200 different corporate stocks are offered, including Disney and McDonalds. And for investing education go to www.fool.com. Thanks for listening and for the great question. That is one lucky grandchild!
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