A growing stock portfolio may not be as enjoyable as Hot Wheels, LEGO, or a Nintendo Switch, but it can provide long-term value for your child. Buying shares in firms that a young child is familiar with, such as Facebook and McDonald’s, is one of the greatest ways to teach stock investing to them. Learn from self-made millionaire Warren Buffett, who bought his first stock when he was 11 years old. The Oracle of Omaha now owns and manages one of the most successful hedge funds on the market. Non-mortgage debt is $27,251 on average for millennials. On average, debt repayment consumes 34% of people’s monthly income. Investing in their children’s education, according to 53% of parents, is more important than saving for retirement. In the last year, McDonald’s stock has returned more than 18 percent to investors. The largest fast-food company in the world is also a dividend aristocrat. Getting your children shares in The Walt Disney Company might transform them into long-term investors. Over the last year, the stock has returned more than 42% to investors. Facebook, Inc. reported a 10% year-over-year rise in monthly active users to 2.85 billion in March 2021. The company’s revenue climbed by 48 percent to $26.2 billion in the first quarter of 2021, compared to $18 billion in the same period of 2020.
Here is Insider Monkey’s list of the 10 best stocks to buy for your child. Electronic Arts Inc. has a $42 billion market capitalization. The video game console publisher was formed in 1982 in California. In the last year, EA stock has returned 22 percent to investors. “FIFA 21” and “Madden NFL 21” are two of the company’s most well-known sports games. On the list of 10 best stocks to buy for your child, DocuSign, Inc. is ranked ninth. The e-signature technology offered by the San Francisco-based software firm allows businesses to design, execute, act on, and manage contracts online. The company’s first-quarter revenue climbed by 58 percent to $469 million, compared to $297 million the year before. Tesla, Inc. is ranked eighth among the top ten stocks to invest in for your child. The carmaker, based in California, manufactures and sells fully electric automobiles as well as renewable energy supplies. AT&T Inc. is ranked seventh. The Dallas-based telecommunications behemoth provides internet, technology, and media services to customers all over the world. The corporation has a market cap of $209 billion and pays an annual dividend of $2.08 per share. McDonald’s Corporation is ranked sixth among the top ten stocks to invest in for your child. The Chicago-based fast-food giant first opened its doors in 1940 and now has over 40,000 outlets in 119 countries. Despite the recession caused by the epidemic, McDonald’s Corporation plans to open more than 500 new sites in 2020. For more details, click 10 Best Stocks to Buy For Your Child.
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