Best Investments for Grandchildren

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1. Stocks

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2. Exchange-Traded Funds (ETFs)

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3. Mutual Funds

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4. Savings Account

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Best Investments for Grandchildren

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1. Stocks

You can use this as an opportunity to teach your grandkids about investing, the importance of thrift, or general money management skills. To get them interested in investing, consider creating a portfolio of stocks for kids, with companies they’ll likely recognize from their daily lives.

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2. Exchange-Traded Funds (ETFs)

Exchange traded funds (ETF) have become increasingly popular over the last two decades. These act like mutual funds by holding an underlying, diversified portfolio of stocks, bonds, or other investments but trade openly on the stock market exchanges.

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3. Mutual Funds

Mutual funds allow you to pool your money with that of other investors, which creates a larger collection of stocks, bonds and other investments. This is often referred to as a portfolio.

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4. Savings Account

If you’ve already conquered the ability to save, be that family member who helps your grand kids learn about the importance of opening a savings account early and developing good money habits as early as possible.

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