I am knee deep in my research on investment clubs for kids and have found my new soapbox. I think they sound like an excellent way to help kids learn about investing in a hands-on way. I am starting one for my own girls and their friends so I will keep you posted (excuse the pun).
I have learned that investment clubs for kids can be organized less formally than adult clubs (no need for a legal agreement) and teach kids how to pick and invest in good quality growth companies as well as understand the benefits of investing over a long period of time. I will share what I learn with you — but until then, you can learn a great deal at www.betterinvesting.org, and about investment clubs in general at www.fool.com/investmentclub/investmentclub02.htm.
Have you started an investment club for your child or have you been a member? How did it go? Any tips for me?