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Reply to "Which individual stocks to buy teen for xmas gift? "
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[quote=Anonymous]A grandparent in our family opened UTMA acounts for all the grandkids over a decade ago and buys a stock for each birthday, etc. She always picks a reasonably priced stock that is related to something the grandchild likes, so they will be interested to follow it (for financial education purposes, even if the stock does poorly). One part of her theory is that if the kids are really into the company or its product for whatever reason, the company may be a good buy anyway, but even if it isn't, they learn a life lesson about value. This has resulted in a few duds (Underarmor), but some amazing early, low cost picks that paid off big time, like Disney, Apple, and Nvidia. [/quote]
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