I started investing with my two boys when they were just five- and seven-years-old. This gave them about a 30 year advantage over their dad of buying their first stock. Along the way, we’ve learned some lessons of long-term investing and seen some pretty great returns as well.
Tesla (NASDAQ: TSLA) was one of the stocks that my kids bought before I owned any shares of the electric vehicle maker. They thought the technology was cool, Elon Musk was as talented as Iron Man, and they kept seeing more and more Tesla’s on the road.