How to Teach Your Kids to Invest
Warren Buffett famously started investing when he was just 11 years old -- and he's often quipped that he started too late. As Foolish investors, we know that our biggest advantage is time. The power of compounding practically guarantees success if you're invested for long enough. So it's easy to look back as an adult and wonder how things would have been different if we'd started as kids. And of course, it's a small leap from that to thinking about how our own kids could fare if they start today.
Kids do understand games, and they understand the concepts of keeping score and, of course, winning. With a little guidance, it is possible to get them started -- and even excited about -- investing. Click the video below to find out how.
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The article How to Teach Your Kids to Invest originally appeared on Fool.com.Jason Moser owns shares of Walt Disney, Starbucks, and Nike. The Motley Fool recommends Apple, Nike, Starbucks, and Walt Disney. The Motley Fool owns shares of Apple, Nike, Starbucks, and Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.