My 7 year old made out more than most here. I opened a custodial account for her at tdameritrade and she is the proud owner now
of 75 shares of Apple at 429.75. She made out best then most here who bought higher. I anticipate those shares to make her well over $2M by the time she is 21. I hope they split the shares then she will have 150 and you know the stock price would return to $400 very fast.
I can see already you are setting you and her up for a bad experience when you said she was a "proud" owner. As the price keeps dropping your 7 year old will be posting nasty things about Mr. Cook like the rest of the 9 year olds on this board.