Would you let your kid buy stock in Disney?
Published 2/22/12 (Modified 12/18/13) By Aaron Crowe
I'm not such a big fan of everything Disney that I'll ever win a trivia game about the Magic Kingdom. Like many parents, I like to go to Disneyland as often as I can afford it and watch my daughter light up when she sees Mickey.
Buying stock in Disney isn't as fun as using a Park Hopper pass to tour your favorite amusement parks, but it can be educational. What kid doesn't want to make money?
As an investment and educational tool, buying stock in Disney or any other company that caters to children can be a way to show them how to invest and hopefully make some money while learning about the stock market. There's plenty of math involved. They can learn about the power of reinvesting dividends, dollar cost averaging and how news events can move a stock price.
Direct stock purchase plans through Disney require a minimum investment of $250 to start and additional investments of $50 or more if you want to buy more shares. Unfortunately Disney doesn't sell framed stock certificates of one share of stock to give as gifts, as some companies do, so if you're looking for a keepsake, look elsewhere.
And there are other ways to show your love of Disney, of course. Chase recently started offering Disney's Premier Visa Card with colorful designs of Disney characters. The Disney Rewards Visa provides a similar look without the $49 annual fee. But until there's a Disney prepaid debit card, best to save these Read the full article »