Do you want to give your children or grandchildren a gift that will teach them a lesson that will last a lifetime? Open a brokerage account for them, and buy them shares in a company. There's no better way to teach children about the power of compounded interest than to show them the value of that gift 20 years later. Do you want to make sure that you buy the type of stock that won't leave a sour taste about investing in the kid's mouth a couple of decades from now? We asked five of our contributors to name a stock that each would buy for a child or grandchild.
Owning shares of a company that they are able to connect with is probably more likely to accomplish both, but it can be harder to find a long-term winner if you get too caught up in buying them a "cool" stock. VF Corp (NYSE:VFC) can do both. I'm sure that picking a company like Waste Management (NYSE:WM) to pass on to the next generation is like being that crotchety grandpa who gives bad presents at Christmas. However, Waste Management is exactly the kind of stock that they will thank you for later in life. American Water Works Company (NYSE:AWK), the largest investor-owned water and wastewater utility in the United States, is a great choice if your goal in buying stock for a child is generating superior long-term gains. Tesla (NASDAQ:TSLA) is the perfect stock for someone who has an investment time horizon that stretches out for decades. Netflix (NASDAQ:NFLX) recently completed a major international expansion that nearly doubles its potential market to more than 540 households worldwide.
Source: Motley Fool
Related Articles:
- 7 Dividend Stocks With A 20% Yield In 20 Years
- 5 Industrial Strength Dividend Growth Stocks With Yields In Excess Of 3%
- Finding Low Risk Dividend Stocks
- 10 Fun Facts That You Might Not Know About Microsoft
- 5 Dividend Stocks To Beat The Wall Street Giants
5 Top Stocks to Buy for Your Kids (or Grandkids)
Posted by D4L | Tuesday, February 16, 2016 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
In this article, we discuss 5 best consumer staples dividend stocks to buy now. If you want to read our detailed analysis of the consumer st...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
Dividend stocks cater to investors who want less volatility and stable cash flow. Some dividend stocks offer a combination of respectable yi...
-
I stumbled upon some data a few years back that has altered my investment philosophy. According to data by Ned Davis Research and Hartford F...
-
Following a strong year for the S&P 500 and huge gains for the tech-heavy Nasdaq Composite, it's a lot more difficult to find reason...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.