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Index Investment guide for kids
Old 10-25-2015, 07:16 AM   #1
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Index Investment guide for kids

My 11 years old twin boys want to learn about investing. I tried to explain them but I think It'll be more beneficial for them if there is a kid friendly book which can explain them basics. Please let me know how you started with your kids, any tips and suggestions on the books.

My daughter is in second year of college and I paid her($50..) to write a book report on "The Millionaire Next Door"....One way to force her to read a book. Result was that she now has Roth IRA account and 7K invested in Index fund by working part time. I match half of what she earns to encourage her which has worked well so far!

By the way, is there any minimum age requirement for kids to start working? I want to open Roth IRA for them.
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Old 10-25-2015, 09:27 AM   #2
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Maybe ask your older daughter to explain it to the twins? It might mean more coming from her than you? Maybe her book report would serve as a guide?

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