Whatever the case, when I mentioned the stock SPCE to them, they were all over it. We took a look at the Virgin Galactic website, which is pretty cool. And we discussed Richard Branson, and what an incredibly successful guy he has been through the years with many of the risks he has taken in business. We talked about how it could be important to be a popular company leader that people really like and gravitate towards—how that could mean that more people would be willing to trust in the company and want to be a part of it. We discussed who would likely be the first customers flying into space—the very rich—and how businesses often start out being very expensive, but how prices eventually come down so more and more people can buy/participate. There’s lots of interesting topics to talk about with this stock.

So, while I wouldn’t recommend SPCE as a stock that a middle-aged adult should have 5 or 10% of their portfolio wrapped up in, I certainly don’t see any reason an eight-year-old can’t accept some risks such as this. Remember, investing with your young kids should be as much about engaging them and making it interesting as it should be about annual returns. The returns will happen on their own, as long as you nurture their financial education well, so that they continue to be involved. For now it will be about you, the adult, being consistent, both in socking the money away in their account, and in sitting down with them to discuss their portfolio—what’s happening in the world and in their stocks.

And wouldn’t you know it, SPCE jumped 30% for my kids in just the first seven days. Maybe this stock really will take them to the moon.