When I was 11, my GT teacher taught us about the stock market by having us “invest” fake money and following the stocks in the paper. It was nearly Xmas so I chose airlines and toy stores. I lost money. That’s how I learned the important lesson: it’s all made up.
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https://www.davy.ie/market-and-insights/insights/investing-insights/2020/the-cash-cow.html
Although in our case we were watching Interplay burn down.
But my friend and I didn’t want to check each week so we saved the papers and at the end of the year tried to pick winners.
We ended up losing money because of the fees and taxes.
This was 2009, so that ended quickly.
work together
and some kids will like this
type of activity for a job🧐
or perhaps appreciate parents who do work
in the financial services industry🤓
it could've been worse #BernieMadoff
😎
The stock market is about how people (en masse) feel about the corporation.
I’m happy nobody would allow 11 year olds to invest into the stock market, after student loans, what could go wrong?
Essentially highly diversified but you might improve performance a little by identifying losers or soon to be losers.
First day of finance class, Finance 101 the professor taught us everything we needed to know about the stock market in one sentence: “You pays your money and you takes your chances”.
Period. It’s a casino.
Except Trump casinos
My neighbor could afford the newspaper every day. I read his before school.
I won the class contest. That’s how it works.
https://www.popularmechanics.com/technology/infrastructure/a7274/a-transatlantic-cable-to-shave-5-milliseconds-off-stock-trades/
You put money into the printer, wait a few years, and it prints out more money.
Where does the money come from? Who made the money?
Don't worry about it. The magic money printer just works!
But always while knowing that the stock market does not reflect the health of the economy
It’s its own that sits parallel to the economy and is subject to human bs
made a tidy imaginary return!
“We went back-east” was presumed to be a road trip.
1/2
2/2
I invested half in medicine, which fluctuated a little bit steadily rose and the other half in tech, which bounced around constantly.
Ended up in the hole in the end.
Still, my real 401(k) is just index funds and planned retirement year funds.
Bankers sold us 401Ks instead of boring old Social Security.