Author Topic: Investing for the Kiddos  (Read 581 times)

teachcsg

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Investing for the Kiddos
« on: January 10, 2017, 08:08:56 PM »
Hi All,
I wanted to open up a small account for my kids and invest in the Hershey company. They like the chocolate, read the story of Milton Hershey and I figured it would be a good way to teach them about investing, dividends etc.. It would be a small account-maybe $500-$1000 each (2 kids).
Question...what is the best way to do this??
I currently have a Vanguard IRA (VTSAX) and self employed 401K account. But I dont know if I can/should open up a brokerage account with Vanguard for this or go with one of the other firms (TDAmeritrade, Etrade,  etc..).
I would like the kids to see their account grow (hopefully), be able to buy more shares easily etc..

Any tips appreciated! Thanks