This year I bought each one 1000 shares for their xmas gifts and I keep doing it until they form their own families.One is QRN. This was an IPO buy. The reason was to show them the whole buying process, so late they understand the process. QRN is the second biggest IPO in Australian history and specializing in transportation. I am expecting it performs well in 2011 and have a good earning/dividends. It is a long term investment for my daughters' future.The other one is TLS. In the last 5 years, the share price for it dropped from $5.00 to $2.76 (the price I bought for them). By looking at the dividend Telstra gives, it has been $0.28 per share for the last five years. This means the annual return is over 10%. It is better than home load rate, and since the share price is this low, I am expecting a long term growth.So this is the gift I gave for this xmas. It is for long term and education purpose. Cindy is interested in stock trading a bit now. I hope this interest will grow down the track. Rose is too young to understand, but she will.
reference:
sharedividends.com.au
asx.com.au
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