Chapter One: Raising Your Child's Interest Rate
When Danielle was a toddler, she loved to go to McDonald's to eat because French fries were her favorite food. Lynn liked McDonald's, too. Eating there together was a weekly outing. She was also a longtime shareholder.
One Friday afternoon Lynn told Danielle, "I'm glad you like McDonald's so much because I'm a part owner of this restaurant."
Nana?" Danielle's eyes widened. "I want to become a part owner, too!"
So, in October 1988, Lynn purchased her granddaughter's first share of McDonald's stock.
"I purchased the stock just as a fun thing for...