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Newborn - good shares?
I have a newborn and received some money for him. Rather than sticking it in term deposit until he is 16/18, I thought why not give him a Sharesies account (they have them for kids) and buy 1-2 stocks.
I'd also like to get him into investing young, and give him a better start than I got in that regard.
Which stocks would you think in such circumstances? I am thinking as aggressive as possible, so long as it doesn't go to zero. That would be an embarrassing story to tell him when he's old enough.
Maybe SKO (aggressive) and ARV (stop it going to zero). MFT and SUM were other considerations.
BTC went to $69K and now $16K. Good thing I’ve been warning you since it was $3K! I was right!
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