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?

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Written by Susan Beacham
Susan Beacham founded Money Savvy Generation in 1999 after almost two decades in private banking and investment management complemented by considerable time teaching at the elementary level.

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