Moomoo Learn shared · May 31, 2022 05:19

[Weekly Wins] How to celebrate Children's day - an idea for all ages

Is 10 too young to start teaching about money?

A young 12-year-old boy in South Korea made a 43% profit gain from investing in stocks.

Source: REUTERS

It's never too soon to teach your kids about money.

If kids could understand the concepts behind investments and do their own investing, they might buy a cool new pair of shoes themselves as a gift on the next Children's day.

Take the quiz for kids to find out!

Ready to see how much they know? Go >>>>>

Warren Buffett once said: "Life is like a snowball. The important thing is finding wet snow and a really long hill." What exactly does he mean by "very wet snow"?

A. Investment principal
B. Yield
C. Time
D. A stock's margin of safety

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There are two companies named Bull and Bear respectively. The assets and liabilities of Bull are five million dollars and 1 million dollars respectively, while the numbers for Bear are 1 million dollars and 700, 000 dollars. Which company do you think has higher bankruptcy risks?

A. Bear
B. Bull

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It is strange that some people work hours to save a little money but are thoughtless in investing. For example:

A. They often make investment decisions based on rumors.
B. They do careful research to pick stocks.
C. Both A and B.
D. Neither A nor B.

Tip: To learn about Peter Lynch's investment philosophy, you can find answer in this aritcle.

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What is the possible reason why $Berkshire Hathaway-A(BRK.A.US)$ never split shares?

A. Warren Buffett is too lazy to do that.
B. Berkshire wants to attract investors who are more concerned about its long-term value than its current share price.
C. None of Berkshire's shareholders agree to do so.
D. Regulators forbid Berkshire to do so.

Tip: To see reasons for a stock split, you can find answer in this aritcle.

Share your kids' answers in the comment. Maybe they are already a financial wiz.

How about teaching your kids about investing basics knowledge in Children's day? Start with making a financial goal!