Thursday, March 19, 2015

Getting Kids Interested In Investing With Motif

Eyes On The Dollar had a fabulous post on getting kids interested in investing. It is available here:

http://eyesonthedollar.com/get-kids-excited-about-investing/

The TLDR of it was have the kids pick companies they know and have heard of and buy a Motif (referral link) with the stocks.

I've been slowly introducing my oldest to stock trading. Not wanting to be too pushy with it but enough to teach her things like basic stock patterns and what trends are and other basics.  I have far to many computer friends that can do amazing things with computers and code but are scared to tackle investing.

Anyway, we spent a few days talking about companies, how to find their tickers, how to look and see if the companies were in an uptrend or downtrend, and if they pay a dividend or not.  I ended up taking the companies we talked about  and scrubbing the ones that didn't pay a dividend. The result is the following motif:

 


Link in case the fancy iframe isn't working:
https://www.motifinvesting.com/motifs/stuff-faith-likes-pays-dividend-Lsj7mn67


We funded it with a bit of her savings account money and I plan to check the progress with her periodically and hopefully can spark an interest for later in life.  It was also fun for me as it gave me a reason to check out Motif. I plan to make a motif with some of the my "stocks to throw the dice on" and now that I can essentially buy them all for the price of one commission it seems like a good time.

-CG

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