Q: I have set up two trust accounts for my teenage children. The intention is to buy a couple of dividend paying stocks with a drip, the idea being to set them on a path to financial literacy since I'm not convinced they will learn this at school. As they turn 18 I will transfer the proceeds into their first TFSA for them. I will research my own portfolio for ideas - PKI comes to mind - but would you have an stock recommendations that meet these criteria:
1) 5I approved
2) div of min 4%
3) with a DRIP
Thank you!
1) 5I approved
2) div of min 4%
3) with a DRIP
Thank you!