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Investing in your future

Chances are, you'll need to rely on your kids one day for basic necessities like food, shelter, and health care. And if you don't want to end up being spoonfed creamed corn in some godforsaken state-run nursing home, those kids best have money saved or invested somewhere. Why not start them on the path of fiscal responsibility right now, by giving them the investment bug while they're young? This article from the Motley Fool website offers great tips for making stocks fun for kids. For example, have you ever considered creating a mock portfolio with your young'un, filled with kid-friendly stocks like McDonald's, Toys R Us, and Ben & Jerry's? How about "selling" a few of your shares to your child on an informal basis? These are just a few of the ides that could mean the difference between spending your golden years in a cushy retirement condo and howling at the walls of some "Cuckoo's Nest"-type hellhole. Choose wisely, my friend.

Mon, 20 Dec 1999 07:10:25 -0800