CNBC’s Jim Cramer explained how to get children involved with investing in an age-appropriate way.
"I don't know about Johnson & Johnson's Bandaids and shampoo, they were staples, and they've since been moved to Kenvue," Cramer said."I knew them as well as I know now that Kleenex is something that you use to wipe your nose, there's a good company, Kimberly-Clark. These are things we aren't even taught— they're imprinted."Sign up for NBC Philadelphia newsletters.
Once children have a few shares in a name brand company that makes products they can see and touch, wait and watch what happens. "The stock won't always work out, but think of what you liked when you were little or what your parents liked when they were little. See if it trades," he said."You more than likely have a long-term winner. More importantly, you've got a great hook to get your children into a lifetime of investing."at no cost to help you build long-term wealth and invest smarter.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Jim Cramer’s guide to investing: Know the stocks that match your needsCNBC's Jim Cramer explained investors should always know which stocks are suitable for their needs before they buy.
Weiterlesen »
Jim Cramer's guide to investing: How to invest as you get olderCNBC’s Jim Cramer gave advice on how best to invest as you age.
Weiterlesen »
Jim Cramer's guide to investing: Listen to your teenagersCNBC’s Jim Cramer told investors they can learn about trendy stocks from their teenage children.
Weiterlesen »
The budding partnership between these 2 AI tech giants is a win-win, Jim Cramer saysThe two longtime Club holdings are putting their heads together in a way that benefits customers and shareholders alike, Cramer explained.
Weiterlesen »
WLS-Channel 7 sports director Jim Rose to retireRose said he had been talking with the station’s management for the past few weeks
Weiterlesen »