Cash is like oxygen. Never thought about when it’s present, the only thing in mind when it’s absent.In this article I'll teach you what everyone should know about cash.
My daughter is 9, she has 2 half siblings In 6th & 7th grade, they haven’t been taught anything about money/finance. Nothing. My daughter and I downloaded an app called Stockpile, that helps teach kids about investing, it’s ok, could be better. But it’ll work for now. I had her pick 3 companies she thought were good investments simply from explaining to her it’s best to invest in companies she thinks everyone in America uses. She choose Amazon, Disney & Target. So I told her this will be her investment, with her own money, from birthdays, Christmas and such.
She invested $5 per company.
We’ll see how this goes. Lol Lord knows it’s extremely important but not being taught to kids in any school unfortunately.
Another insightful gem like all the others. Thank you for compounding my knowledge.
Compounding knowledge.
Compounding health.
Compounding wealth. :)
My daughter is 9, she has 2 half siblings In 6th & 7th grade, they haven’t been taught anything about money/finance. Nothing. My daughter and I downloaded an app called Stockpile, that helps teach kids about investing, it’s ok, could be better. But it’ll work for now. I had her pick 3 companies she thought were good investments simply from explaining to her it’s best to invest in companies she thinks everyone in America uses. She choose Amazon, Disney & Target. So I told her this will be her investment, with her own money, from birthdays, Christmas and such.
She invested $5 per company.
We’ll see how this goes. Lol Lord knows it’s extremely important but not being taught to kids in any school unfortunately.
Let here choose a few companies she would like to invest in. It will hopefully spark her interest in the stock market. :)
CQ, number two was a bit of a shocker for me. I didn't realize that so few Canadians invested in the stock markets. No bueno!
Thank you for the great content as always!
And almost every country has its home bias.
For example, Swedish people invest for more than > 95% in Swedish stocks while the Swedish stock market is only a fraction of the global market.