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Technology Stocks : THQ,Inc. (THQI)

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To: Vince who wrote (2669)12/20/1997 11:18:00 PM
From: Sword  Read Replies (1) of 14266
 
Vince:

You addressed your question to Todd, but pardon me for responding...
I "sold" 17 shares of my THQI stock to my 12 year old son (no commissions). He plunked the money on the counter (it was all he had). He's thrilled with his investment so far. Already, the stock has appreciated by about 25%. Over Christmas vacation, I plan to introduce him to some of the economics behind successful companies (some of it drawn from comments made by Todd on this thread).

I plan to teach him about the benefits of investments and how the approach to small but steady appreciation differs from speculation and the risks that brings. It'll lead me to some teaching about he pitfalls of gambling and the concept of compounding.

I wish you all the best as you endeavor to teach your children. Have a blessed Christmas.

Regards,

Jerry

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