Stocks kids can invest

Every time you check your portfolio, invite your child to join you to see how her stocks are doing. In the future you can transfer her investments into a separate account. If you want to give a young person an investment account she can call her own, a custodial account is the way to go. Money within a custodial account legally belongs to your child and is taxed at her rate, not yours.

Once the child is of age, she gets the keys to the account and can let her rebellious inner day trader take over. A single share of Amazon or Alphabet a. Google stock costs as much as much as a big-city mortgage payment. Enter fractional shares, which are exactly what they sound like — partial shares of stock you can buy with however many dollars you have to spend.

The Stockpile site and app provides a real-world investing experience where your child can track her portfolio online. She can even set up a stocks wish list friends and family can see. Hint, hint: birthdays, Arbor Day… a stock is a great gift for any occasion!

Budget-friendly apps for older children and grownups like Robinhood and Motif also allow account holders to buy partial shares. You need a tangible way to represent your gift of stock. A Stockpile gift card is another way to physically represent your investing present. Or you can buy a gift card to the Stockpile service that lets them pick their own stock. Another option: Get creative. Wrap a homemade gift certificate for a share of stock with a basket of products the company makes.

We only use the Value of Investment here to illustrate how the App works and not to represent real data. Coverage for damaged, lost or stolen phones — for up to 5 kids. Repair or replace items that are stolen or damaged. With Greenlight Max, they get hands-on experience — and a jumpstart on their financial futures.

Greenlight will not charge you any fees on your trades. Investing with Greenlight unlocks the world of investing for kids — with parent approval on every trade. We provide tools to give kids hands-on experience with investing and educational content to un-complicate it. New to Greenlight?

Sign up for Greenlight Max when you set up your debit card. If you're already a Greenlight family, upgrade to Greenlight Max within the Parent Settings of your app. Your kids still love Disney just as much -- and investors do, too. Disney shares were trading at record-high prices in the first week of December. Sure, Disney could still be in for a rough few months. But you're teaching kids to be long-term investors.

The House of Mouse will surely still be around in five or 10 years and beyond -- and pent-up demand could send the stock soaring long before that. There's also a diversification lesson. The takeaway, whether you're a rookie investor or an entertainment conglomerate: As you build your portfolio, don't keep all your eggs in one basket. While McDonald's hasn't had an easy , its third-quarter same-store sales were up 4. You can teach your kids about dividend investing as you go through the drive-thru, considering that the fast-food giant has raised its payout to shareholders for 44 consecutive years.

You could let your kids take that 2. The toymaker has had lots of ups and downs this year, but there are plenty of reasons to roll the dice on Hasbro: Though toys still make up the majority of its revenue, the company is making much-needed gains in digital gaming and entertainment, with movies and 60 TV programs underway. Plus, it's gotten a boost from an agreement with Disney to make toys based on its entertainment brands and franchises, like The Mandalorian, Frozen, and Disney Princess.

After struggling for several years, Mattel has started to make a turnaround in Like Hasbro, Mattel is a riskier pick compared to a stalwart like Disney. But if your kids truly love the brands either Hasbro or Mattel produces, buying them stock in either company can teach them that risk is necessary for rewards. If so, it's never too early to teach your kids some Warren Buffett words of wisdom : "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

Ignore whether everyone else thinks Apple is overvalued or undervalued today. Do you think Apple shares in will look like a bargain in ? If so, it's as good a year as any to make your little Apple fans into Apple investors.

The gift will keep giving long after that iPhone 12 they want is gone. Ignore the websites and apps designed specifically to let you gift single shares of stock.