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Question: Do young people invest?

(Posted by: on 2010-03-09 12:25:41)

Do teenagers or young adults really care about investing? In my experience a lot of kids have no interest in investment. Do you think this is because they don't realize the benefit of starting an investment portfolio at a young age?

Posted by: Hoppelemine on 2010-03-09, 12:29:49

Yes I'm sure that is one of the main reasons. They also don't see saving as a priority or they simply cannot afford it or justify it.

Posted by: A nobody on 2010-03-09, 13:30:03

You're never too young to learn about investing. Most "kids " are being taken care of by the parents and have no knowledge of money nor the importance of investing. I started investing at the age of eleven, (using a custodian account) and while in high school started to trade. Trading/ investing helped my get through college and start a life on my own. Investing/ trading provided me a very fruitful life and the industry provided me with a very successful career. Before you enter into any transaction, you should know what you are doing, why you are doing it and how to do it. Before you invest in any security, the first investment you should make is in yourself, and the best investment you can make is by educating yourself. Make sure you understand the markets and the securities traded in the markets, and more importantly the rules and regulations that govern the markets.

Posted by: ClickMe on 2010-03-09, 19:48:58

Most aren't properly educated on investing especially since so many parents aren't properly educated on the advantages of saving and investing. Teens stand to do the best in the long haul if they learn how to invest early. But the market is set up to win at the expense of consumers ergo today's market. Curious teens can take the initiative to learn now - save and invest early and have way more options later.