![]() ![]() StockPile and BusyKid are teaming up to give each new BusyKid child member $10 to buy stock on the website when they sign up. BusyKid is a new website that allows parents to reward their kids’ hard work with stocks in some of today’s hottest companies like Amazon or Apple and provides children with a scare-free introduction to investing. When asked why 52 percent responded that they don’t want them to worry. MacKenzie is more the optimist, “Just think, Grandma and Grandpa gave me a $25 gift card, and if it keeps making money like this, they paid for me to go to college!”Ī recent survey conducted by Parents, Kids & Money revealed that 44 percent of parents don’t discuss the value of long-term investing, market volatility, or financial statements with their children. As William said, “Do you know how many toys I have gotten in the year that I don’t play with anymore? At least I still have something to show for this $25.”Īs William said, “Do you know how many toys I have gotten in the year that I don’t play with anymore? At least I still have something to show for this $25.” My kiddos have said they think their Stockpile Gift Card was one of the best gifts ever because it’s something they are still enjoying one year later. Stockpile is a great way to introduce children to investing, the stock market. It shows how much Apple’s stock they bought and other fun information.Īnd they can easily buy more stock, or sell it, should they decide. They can learn about graphs, the stock market, and all the stats associated with Apple in just a glance. They have earned $0.65 in cash from dividends. Let’s look at what a $25 partial stock in Apple does in one year. The Stockpile app makes it easy to see the important facts about the stock at a glance. They have been watching their stock weekly, sometimes every day. ![]() They entered that code into the Stockpile app to redeem for stock in Apple. They peeled the sticker off the physical card back and found a code. One year ago, my children received a $25 Stockpile Apple Gift Card from Grandma and Grandpa. There’s no minimum required to open an account and no minimum balance to avoid monthly fees. The great thing about Stockpile is you can buy fractional shares in a company. You simply gift a Stockpile gift card, and the recipient turns it into stock.Ī minor will need an adult on the account with them. You don’t have to know the intricate details like social security numbers, and there are no custodial accounts for minors. Stockpile is a five-year-old licensed stock brokerage firm that operates entirely electronically. We’re talking Disney, Netflix, Tesla, Apple, Google, Facebook, and more! Gift your kids a stockpile gift card, and they can redeem it to own part of their favorite brands. I have an insider investing tip about changing the way you gift. Maybe, like us, you have a summer birthday to plan, graduation to attend, and more. There’s “I’m bored” echoing and fights over chores. ![]()
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