When taking a look at your 401(k) or investment accounts, you may often daydream about how cool it would have been if you started investing earlier. That way, maybe you could have jumped on investments that turned out to be home runs, such as Apple [Nasdaq: APPL] and Berkshire-Hathaway [NYSE: BRK].
If you have children, you’re blessed with the opportunity of granting them the greatest gift any investor could want: time. Let’s take a look at some companies whose shares would make a great gift for your kids to not only help them learn about investing but also get them excited about money and business in general, just as much as nz casinos would make them excited.
Snap Inc. [NYSE: SNAP]
Do you know what’s cooler than a million dollars? $3.4 billion, which is how much money the parent company of Snapchat raised in its March 1, 2017, initial public offering (IPO). Since it has been estimated that 60 per cent of Snapchat users are under the age of 25 and nearly one in four hasn’t finished high school, there’s a very good chance that your children use this popular social media app, just as much as the adults use real money casino Australia.
Leverage their interest in the app to keep them focused on tracking a stock price and keeping abreast of the effects of company announcements, such as Snap’s Spectacles, on the valuation of a publicly-traded company. Bonus: You could use Snapchat to send them their monthly allowance, keep a digital record of when you made that money available, and check how long it lasts them.
The Walt Disney Co. [NYSE: DIS]
“Do you want to buy a stock share? Come on let’s go and trade!” If you started reading that in Princess Anna’s voice, then you’re a Disney parent and your kiddos spend a lot of time singing along to similar tunes. Keeping interested in this stock is easy because your kids will read about movie productions, toy developments, theme park construction, and other family entertainment projects.
Disney is a great stock to hold onto for the long run, which is a maxim that you want to instil in any young investor. If you were to have held Disney stock from March 1, 2007, to March 1, 2017, you would have seen the stock price go from $34.39 to $111.04 (a 222.88 per cent increase!). Plus, it’s a dividend-paying stock, giving you a segue to introduce the concept of fixed-income securities.
Amazon.com, Inc. [Nasdaq: AMZN]
Parcel-delivering drones, robots that work in warehouses, and voice-activated speakers that can control other home devices. It’ll never be a dull moment chatting with your kid about recent news from the Seattle-based e-commerce giant.
If you have the budget, Amazon.com is one of those expensive stocks that are totally worth it. Just when you think that the stock can’t hit new heights, an uptick during the early November and December holiday season gives the stock price another boost. Time your gift well before the holiday season and provide immediate gratification to your kids from a stock price bump.
Foot Locker, Inc. [NYSE: FL]
On the other hand, there’s one stock to develop in your children an appreciation for delayed gratification. If your kid is a sneakerhead or sports jock, they’ll include a new pair of athletic shoes in their Christmas list. With a current stock price close to $75 per share, one share of Foot Locker goes for about the same as a brand-new, high-quality pair of athletic shoes meant to last at least one year. Virgil van Dijk’s wife might already be planning on buying this stock for her children.
Give your child the option of the shoes or one share of Foot Locker, Inc. (Or pick another company that better matches the price of the shoes that they want, including Nike Inc. [NYSE: NKE] or Skechers USA Inc. [NYSE: SKX].) When your child chooses the stock over the shoes, they’ll realize that they’ll have more available after a one-year period. If they’re still unconvinced, ask them to try selling a pair of old, smelly shoes after one year of (ab)use from a tween.
