If you think that investing for kids is a fool’s errand, then perhaps it’s time to get more creative. The fact is, children and teenagers are perfectly capable of understanding the concept of a stock market. After all, the stock market is about money, and kids like buying things, just like adults do. The trick is, you’ve got to think like a kid. Generally speaking, children of almost any age don’t think long term. They are driven by impulse and instant gratification, two traits that tend to spell certain disaster for seasoned stock brokers. So how do you get kids interested in investing? Here are four ways:
- Think outside the box.
- Embrace technology.
- Penny stocks.
- Make it a real experience for them.
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