Money and Finance
Project: Dividends Stocks for Teenager Part 2
I wrote here about my Dividends Stocks project for my teenager daughter.
Our update
We discussed list of stocks I picked for her. I promised that if by the time she will need this money for college her portfolio still will be lagging I will give her my money instead. So she feels pretty safe about investing now.
She got more interested about stock investing after I explained her how her stocks can earn dividends just because she owns them. She likes an idea of getting money without working. Now she is talking how she is going to save more and invest more.
Here is the list of stocks she picked from my list:
symbol | name | current price | 1 year target | dividend yield |
SE | Spectra Energy | $29.69 | $36.30 | 5.00% |
XOM | Exxon | $77.77 | $90.53 | 3.70% |
PG | The Procter & Gamble Company | $75.57 | $85.50 | 3.30% |
JNJ | Johnson & Johnson | $98.38 | $109.59 | 3.00% |
T | ATT | $34.18 | $37.17 | 5.50% |
LHO | LaSalle Hotel properties | $32.06 | $39.50 | 5.30% |
EMR | Emerson Electric | $49.58 | $59.52 | 3.70% |
We opened a regular brokerage account and today I am going to show her how to buy stocks.
Thank you for reading, please share your thoughts and I will keep you updated on this project.
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