Thursday, March 05, 2009

Investment Kiddos

For a long time, Chris and I have wanted to gift our kids some stock to get them started. Now, the market is in the worst state it has been in years. However, you are to buy low...and the stock we wanted was low! In July, we purchased Addison a Berkshire Hathaway B share (Warren Buffett's BRK.B stock). We purchased this for her from money her Great Grandma Marci gave her (Grandma Marci is still active in the stock market at the age of 96). Alivia was a stockholder in something else, but we wanted to buy her a Berkshire B share too. So, opened her up a gift for minors trading account. This week, she became a stockholder in Berkshire Hathoway, too, with money she had saved and a recent gift from her stock loving Grandpa. Now, I am in the process of opening up a trading account for Asher so he can be a Berkshire stockholder, too! Now, let's just get this stock moving in the right direction, Warren!

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O'Toole said...

You know of course that now your kids are invited to possibly the biggest event Omaha holds each year and the BUSIEST weekend of the year for our family business (Gorat's Steakhouse). Let me know if you actually want to brave the MADDNESS and eat at Gorat's that weekend, I'll get you a reservation! But be warned it is TOTALLY nuts!!!!!

Austin Family said...

Oh, I will. I thought is would be funny if the kids wore their stockholders necklaces to the DQ event!

O'Toole said...

It would be SO funny!!