Monday, April 11, 2005
My middle son
Little man is very centered on money and saving and how investments work etc. I guess us getting our buts on track finacially is rubbing off on him who knows.
Well I brought up stocks once with him. How in essence you "own" a part of that company. And everytime someone goes there they are paying YOU by making the company worth more. How they are listed in the paper and stocks splitting etc etc.
Well we have created a monster! What did he request for his birthday? LEGOS? A bionicle? A video game? NOPE he wants to buy stock in Costco!! Of all the things... he says they are always full and he will make money with stock from there... good thinking hehe. So every day these past few days.... he has asked for the business section of the newspaper so he can see how the stocks he is interested in are doing!
Our 6 year old is loving saving and the thought of investing! He got his bank statement and earned 3 cents and was so excited! He said 3 cents? Wow it is THEIR money they gave me for doing nothing! I am not going to complain about that! HAHAHA his mind is cute in the way it works.
I want dh and I to be in the position when we are older to help our our children with their first homes like we have been helped. However if Gary continues we may be going to him for a loan!!!