Where can I find an investment club for my teens?
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Anonymous
| Sadly, they aren't going to learn from us. I want to find a club they can join so they can learn with other teens in a fun setting. Anyone have any experience with this? |
Anonymous
| Great idea, I'll be checking back for responses. |
Anonymous
| Where are all of you wealthy people with your high level investment knowledge? How do you teach your kids about money? |
Anonymous
| bump |
Anonymous
|
No club to point you to, we just do it ourselves. My husband, who is way more interested in this stuff than I am, has been sitting down with our son, who is now almost 7yo, for the past 2 years and has opened an account for him to trade with. It's not a formal thing, they just sit down together every few months to review progress and pick investments together.
To be honest, I really didn't think DS was getting much from this because he is so young. But recently, when he & his friend were in the backseat of the car, I overheard a strange conversation: DS: Well, I've got, like $1000. Friend: No you don't. Where did you get it? DS: I invest it. You know, like stocks.. Friend: What's that? DS: It's when you buy a little piece of a company and then, when people buy something that the company makes, I get a little bit of that money... My jaw dropped. It was so odd and funny to hear. That said, DS has become a hoarder when it comes to money. He only wants to invest and will not spend it on anything, either for himself, or to charity. So, we're rethinking things right now... |