CNBC’s Jim Cramer explained how to get children involved with investing in an age-appropriate way.
"I don't know about Johnson & Johnson's Bandaids and shampoo, they were staples, and they've since been moved to Kenvue," Cramer said."I knew them as well as I know now that Kleenex is something that you use to wipe your nose, there's a good company, Kimberly-Clark. These are things we aren't even taught— they're imprinted."Sign up for NBC Philadelphia newsletters.
Once children have a few shares in a name brand company that makes products they can see and touch, wait and watch what happens. "The stock won't always work out, but think of what you liked when you were little or what your parents liked when they were little. See if it trades," he said."You more than likely have a long-term winner. More importantly, you've got a great hook to get your children into a lifetime of investing."at no cost to help you build long-term wealth and invest smarter.
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