How To Talk To Your Kids About Investing
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There are many ways to talk to your kids about investing when they are most fungible, and they look up to you.
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Investing is a viable means to accumulate wealth and enjoy financial comforts. The earlier you start to save money for investing purposes, the better.
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Parents should begin talking to their kids about handling money when feasible, exposing them to developing good financial habits.
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Speaking to children about investing at an early age takes some of the mystique out of it for them.
Start Early Lessons On Saving and Investing
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Compounding interest is a powerful concept when you have a long horizon by investing at an early age.
A Lesson in Compound Interest From A Folktale
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Parents can explore investing basics with their kids without losing money through simulated stock market games.
Stock Market Games As A Learning Tool
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There are valuable lessons that young people can learn about investing. Being patient about investing can be a virtue.
Valuable Lessons Are Everywhere
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Tell them about what kind of stocks you have and how each represents a different kind of business.
Diversifying Portfolios Reduces Risk And Growth
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Encourage your children’s active participation in stocks by setting up an investment account to make decisions on what they want to buy.
Bonding Experience For The Family
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