First, help your son or daughter identify their long-term financial goals. Does Andy want to be a doctor? Then he could need to pay for medical school. Does Ali desire to be race-car driver? Then she'll require a car so she can learn to operate a vehicle first. Investing may make those dreams be realized when it is done safely and smartly. The safest stocks are of well established companies with good growth outlooks, Secret Millionaires Club and the smartest method to earn through stocks is to hold onto them for a long time and sell at a higher price than you bought.<br/><br/>Don't even think about diving into real investing until you and your youngster do some virtual investing. A great online tool to do some virtual investing with is The Buffett Bucks Portfolio at the Secret Millionaires Club website. Here kids can understand stocks, invest virtual dollars, track their progress and see how their investments rank against other young investors.<br/><br/>Consult with the kids about companies that could be of interest to them, those they have some familiarity with make investing more fun. These companies may be ones that produce movies they like to view, food they like to eat, things they prefer to wear or toys and games they prefer to play with. Do some brainstorming together. Look the companies up online and see what they've got to express, how they see the long run, and if they've had any recent news that will impact their share price positively or negatively. There's usually an Investors page that provides such information.<br/><br/>The Mandatory Risk and Reward Discussion It's a lot like the very best tasting food could be the worst for you. Drat! Nonetheless, kids need to find out that there are numerous degrees of risk involved with all stock investments and the greater the possibility for high reward from an investment, the more risk there's for losing money. So good research, strong companies and lots and a lot of patience are necessary. Stock investing is for the long term, and there is no disputing that those who hang in there are winners in the long run. The entire point of having kids interested is for them to be in it long term.