Hi Paul Your response to the parent wishing to introduce their teenage children to share ownership in my opinion was a bit over cautious. Whilst I agree with your general advice, certainly orientated towards financial safety, it somewhat misses the point about creating an interest in shares.

I think nothing creates an interest like being an actual owner or part owner of something like a business enterprise. So I would suggest having the kids set up a savings account for a goal of $500 so that they could buy a small parcel of shares in a well established, dividend paying Australian ASX business.

That way the kids would have an interest in the fortunes of the company and learn the sorts of tail and headwinds that businesses and their owners (shareholders) face. The ups and downs of a shareholder's experience can be the best teacher.

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