Yep 16th birthday for Isaac one of 12 grandchildren I mention that for a reason (by doing this I may be committing myself to doing it at least 11 more times if I am around that long). I've considered some type of "investment" gift to my grandchildren for some time but have never really done anything besides buy them some treasury bonds for Christmas (tired of seeing all of the money wasted on Walmart junk. I also attempted to have mom open savings accounts for each one of them and then I would contribute to it every year. She did not take the time to deal with opening the accounts (it's a long story). Have bought all my kids Dave Ramsey books/games/teaching info and other investment books. I'd say maybe a little has rubbed off on the my kids a little the key word here. So maybe I need to do something for the grandkids directly.Anyway, I am wanting to do something lasting for say 500-1K that will help teach them about investing/saving. It is possible that if I started at the lower end of this I might add some to it at Christmas or something. An example might be a Christmas club account or similar.I don't really have a concrete idea of what the gift might actually be and I'd rather have something in mind before calling my broker. I don't really like the idea of setting up an account for each child it seems like too much.I looked into drip accounts and you have to be 18 I believe. Ideas?thanks in advance..............
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