
Teaching your kids about investing early in life can reap valuable rewards. There are monetary benefits, of course. Financially literate kids should have an easier transition to becoming financially independent adults -- that is, adults who don't borrow money from their parents or refuse to move out of the basement.
There are also broader life lessons embedded in the investment process. Successful investors must weigh risk and reward. They must be patient. They must make thoughtful decisions without knowing all the facts. Investors must also accept the consequences of those decisions, good and bad. Those are skills that can help your kid be more effective not only as an investor but also as an employee, friend, and spouse.
Here are 11 ways to share investing know-how with your kids, ordered from conceptual to practical.
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