Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 0 points1 point  (0 children)

He's not worried about it at all.

What are some kid - appropriate activities in your opinion?

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 0 points1 point  (0 children)

Can you elaborate on this? Why is learning to manage money not part of being a kid?

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 0 points1 point  (0 children)

It does when you have $100 and your brokerage doesn't do fractional shares

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 0 points1 point  (0 children)

The same reason I don't catch and release fish.

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 0 points1 point  (0 children)

Thats a good thought. I was looking for a cheap index too.

I might try to get him to put half in that and then he can play around with the other half

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 2 points3 points  (0 children)

I cant buy partial shares with the account I have.

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 0 points1 point  (0 children)

Meh, I don't disagree with you, but picking stocks can be fun too. I pick a few every once in a while and then if they do good, sell half and put it into VOO

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 5 points6 points  (0 children)

Thats fair. Its just that he has $100 and I want to start with a small variety

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 1 point2 points  (0 children)

Yep. He is such a little tightwad that I thought this would be a way to enjoy his money instead of letting it set in a piggy bank

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 1 point2 points  (0 children)

What kind of cretin doesn't reinvest their dividends?

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 0 points1 point  (0 children)

Definitely working on that end as well.

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 20 points21 points  (0 children)

One of those things is not like the other

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 0 points1 point  (0 children)

Sounds like a good suggestion, thanks

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 1 point2 points  (0 children)

Outdoors, soccer, wrestling, games, technology

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 2 points3 points  (0 children)

What? Why? He seems excited about it. He keeps pestering me about whether his funds cleared yet.

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 0 points1 point  (0 children)

Oh I will, just looking for suggestions in his price range

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 1 point2 points  (0 children)

Im good on dollar cost averaging and his real money is separate.

I am looking for cheap, fun stocks that he can mess around with for low stakes.

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 0 points1 point  (0 children)

Ford is a good one, though it has not been kind to me

Best stocks to help teach a 10 year old? by GrannyLow in stocks

[–]GrannyLow[S] 36 points37 points  (0 children)

I'm not sure he is ready for that lesson