14 Responses

  1. That’s a real cute story, love it! Not to mention a nice 7.5% raise to go with it 🙂

  2. P2035 says:

    Nice. I have two kids as well one 2y other just half. Cant wait to show them the importance of saving and investing 🙂

    • Rob says:

      hey P

      Thanks, Fun times at those ages. Our 8 year old is soo independent now, while our 3 year old is full force energy and playtime. 2 and 1/2 yr old is nice and close together. Enjoy it, baby stage is gone so fast. I miss it. I’m sure you will be a great teacher!

      cheers

  3. jimmbboe says:

    This is excellent! The biggest financial discussion we had in my house growing up was when my dad told me to sign my tax return so he could send it in.

  4. Hey Rob! What a fantastic idea. I think I will have my daughters to purchase some stocks soon and track how much they gained or lost by end of 2021. I think I will buy Enbridge!

    • Rob says:

      hey dreamer

      Thanks and welcome to the site! Love it. Enbridge is one of my favourites. Would you pay them the dividends or reinvest it?
      cheers

      • Thank you! Initially, I am going to pay them so they understand this is real money.

        Honestly, I can just have them next to me next week (March Break) and show them what I buy daily with the $50K cash I currently moving weekly out of HISA into WealthSimple Trading.

        How about yourself?

        • Rob says:

          nice. letting them watch may be a great experience for them, depending on how interested they are.

          I plan on giving him the cash as well.
          cheers

  5. Matthew says:

    This is awesome Rob! Getting him started at a young age will do him wonders going forward.

  6. This is a great idea, paying your son the dividends in cash from his investment. Now seems to be a good time too as there are some decent yields that are stable. A monthly payout might get them even more excited.

  7. This is awesome, Rob! Your son is going to have such an advantage by starting so young. I wish I learned about investing sooner. Maybe you are raising the next Warren Buffett.

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