Watch your Wallet with Alan Akina - How to build your child's stock portfolio

26 Nov 2013 · 1 min

Watch on YouTube

1:15

In this short segment, Alan Akina encourages parents to introduce financial literacy to their children during summer break by involving them in the investment process. He suggests selecting stocks that align with a child’s personal interests—such as Nike for sports fans, Apple for iPhone owners, and Disney/Marvel for movie enthusiasts—to make the experience engaging. Akina recommends using platforms like ShareBuilder.com, which allows purchase of fractional shares, and OneShare.com, which provides framed stock certificates shipped to the home. He also notes that parents can print their own certificates as inexpensive keepsakes, fostering a sense of ownership and pride while teaching kids the basics of building wealth.

And you're never too young to start learning about money. And for many keiki, the summer break is a good time to start. Alan Akina shows us how.
Morning, gang. Parents, are you looking for a fun and simple way to teach your kids about building wealth? Well, one of the best ways to do this is to get them involved in the investment process. Start by finding out what products they like. Now, if they're into sports, look into buying shares of Nike. Do they have an iPhone? Then have them research Apple stock. Did they like the movie Iron Man 3? If so, Marvel Entertainment and Disney is always a favorite for children. Now there are a couple of innovative companies that make it easy for us to start investing. I use a company called ShareBuilder.com. This company allows you to buy partial shares of your favorite publicly traded companies. There's also OneShare.com. This company will frame and ship a stock certificate to your home. Now, if you want to save money, you can always print your own certificates to give to your kids as a keepsake. They will take pride in ownership of their favorite companies and start learning to build wealth. For Wake Up Today, I'm Alan Akina. See you next time.
All right, thank you very much, Alan.