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Stock Ownership by Kids Surges as Boys Outpace Girls
NYSE census shows 1.28 million minors own stocks, 55.1 percent boys to 44.9 percent girls. Since 1962 minors’ holdings nearly triple, aided by state custodian rules and gift stock incentives. Tax benefits allow gifts up to 6000 yearly per child tax free, boosting future investing awareness.
MENTIONED IN THIS ARTICLE
Sylvia Porter
U.S
New York Stock Exchange
California
New York
NYSE
Keith Funston