The best way to get into the world of investing is to put your money into things you want to buy.
And this article from The Wall Street Journal highlights a few of the best investment options for children.
Here are the top 10 things you need to know:1.
Investing is for kids.
The article points out that investing is a way to connect with family and friends, to get the latest news about technology, and to meet new people.2.
Kids can pick up an investment in just a few months.
They need to learn about the basics, but also invest in the more obscure ones like stocks, bonds, and mutual funds.3.
They can get excited about investing.
“They’ll like a simple concept, like an algorithm, or a technology that makes money for them, and then they’ll be excited to learn more,” explains Peter Cramer, a professor at Georgetown University’s business school.
“That’s how they learn about investments.”4.
Invest in a safe environment.
“There are lots of places to invest,” says Cramer.
“The best investment is to invest in something that you know is safe and sound, and that’s usually your home.
You can’t do that with stocks and bonds, which can get crazy.”5.
They won’t be stupid.
“You’ll have kids that are going to be able to invest the money that they have in a good-value index fund,” says the author of this piece.
“It’ll be a lot easier to invest, because they can do it.”6.
It will be rewarding.
“This will be a way of growing and building a sense of achievement,” says Berenberg.
“Because kids have so much more experience, they’ll grow up feeling they’re part of something larger.”7.
They’ll have fun.
“I like the idea that the kids will be able come to their parents and say, ‘Hey, I want to be an entrepreneur,’ because it’s an interesting way to start,” says one investor.
“But they’ll also have to have a sense that it’s something they want to pursue.”8.
They will be part of the conversation.
“A lot of kids will want to know, ‘Dad, I really like investing.
I really want to learn how to invest,’ ” says Biermann.
“And if they don’t have that experience, I think that will be the best time to have them.
That will make it easier for them to go, ‘Okay, I understand this.
They’re smart. “
“If they understand, ‘I understand, this is something that can make a difference for my kids,’ they’ll have more confidence in it.”10. “
Their parents will understand the value in it,” says Durbin.
“If they understand, ‘I understand, this is something that can make a difference for my kids,’ they’ll have more confidence in it.”10.
It’ll be fun.
Kids will be exposed to a lot of different investments, from bonds to stocks to real estate.
“Kids will be invested in things that they want,” says Nadella.
“We don’t see them in a way where they’re just in this bubble.
They’ve got to be involved in something.”
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