[Dueller]

I have a 17 y.o. step son who is fascinated with investing, the stock market etc. What do you think about setting him up with a trading account in a Roth IRA with say an initial sum of $500 in a money market account so he can dabble, put his own money in?

He works so the IRA wouldn't be a problem...my thoughts are he couldn't take the money out without substantial penalties which would be a deterrent, it would grow tax free, good learning experience, not really enuff to fall prey to day trading dreams, etc...it would be a unique present and could teach a lot more than the latest computer game or mp3 player.

Whacha think?...and has anybody had any experience with sharebuilder.com for the small investor?