Snapchat IPO: Opportunity to Turn Selfie-Obsessed Millennials Into Savvy Investors |
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FOR IMMEDIATE RELEASE - 2/28/2017Survey after survey document the dismal financial literacy of our youth.
Only 24% of Millennials demonstrated basic financial knowledge, 30% are
overdrawing checking accounts, and 20% took loans or hardship withdrawals from
their 401Ks in the last year, according to a PWC survey. In
addition, Gen X-Z’ers are known for racking up more credit card and student loan
debt than any previous generation. GiveAshare.com sees
Snap stock as a way to pry youngsters' focus away from taking the perfect
selfies long enough to help turn the tide. The company specializes in
selling single shares of stock as a gift. Customers can choose from a
stock list of more
than 110 companies. On March 2nd, they can
buy Snapchat stock. “It takes just two minutes and a credit card to start teaching skills they
will use for a lifetime,” GiveAshare.com founder Rick Roman said. Giving kids and young adults a share of stock in a company they love, like
Snap Inc., is a powerful way to teach them about money and the market.
First, the stock certificate is the critical attention-getter. Then each mailing
from THEIR company - annual reports, invites to shareholder meetings, and even
declared dividends - becomes a learning opportunity. "Snapchat's suitability as an investment in not important at this stage, the
key is to pick a company they love and get their attention," Roman said.
"The rest comes later." Roman founded GiveAshare.com in 2002 to make it easy for others to replicate
the his experience as a teen. “My mom helped me buy Topps Chewing Gum, the perfect choice for a fanatical
sports card collector," he said. "It got my attention and changed my
life!” About GiveAshare.com GiveAshare.com makes it very easy for customers to buy one share of stock as
a gift. It takes just two minutes and a credit card. Unlike a stock
broker, GiveAshare is able to deliver the authentic stock certificate (for most
companies). The recipient becomes a real shareholder of the company
entitled to declared dividends, annual reports, and invitations to shareholder
meetings. The company offers over 110 companies including Manchester
United, Nike, Disney, and Nintendo. Contacts
GiveAshare.com |
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