Investing 102

[GregWeld]

Originally Posted by AMSOILGUY

Proud to say I just sealed the envelope and put the stamp on my son's custodial account application for Schwab. He has 1600 bucks to start with. Its been in a CD up until this point. Now we wait. Hes excited, I'm excited, sort of like the blind leading the blind here! I'll be rereading this thread again over the next week until the funds hit his account. Hes 11 so he is getting started 20 years before his old man did.

Thanks for the motivation!

Buy him $500 worth of three different stocks... Toss one in like FaceBook -- or Alibaba -- something like that. He's young and has to take a little risk on at his age.