Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Stocks for kids?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]We bought Roblox when it went under $27 in mid September. Sold it yesterday after the earnings when it went over $41. The kid knew the purchase price, the amount of shares, and the earnings date. Since we bought 20, every dollar it went up, DC could get twenty robux. We did a lot of math over the last almost two months if nothing else had come from it. Ofcourse it ran up way too much yesterday and I sold it while DC was at school. I told him about short-and long-term taxes and that we want to use the money to buy again once it goes under certain price. I'm not into dividend stocks, but they are great for math and learning about different types of stocks. Also, there's not need to even buy all the stocks. I would ' buy' each stock for $1000 simply on the paper and then do monthly, quarterly, yearly review to see if money was made or lost. There is also list of financial terms suitable for different ages I would go through as they come up. DC inherited a lot of money so this is partly why I have to get them involved in learning. I would be scared to hand it all to them at 18/21 without much financial knowledge.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics