Teach them about the value of money and virtue of savings since young!! Introduce them games like playing as a businessmen etc to make them know about it!
For me, picking a stock is just like ABCD
Analyse
Buy
Chill
Don't be afraid
First, I will Analyse the background and news of the stock. Then once decided, just Buy the specific stock. Lastly, just Chill and let it grow. Don't be afraid of losses as there will definitely be ups and down in the stock market.
Trust yourself and give it a go!
Analyse
Buy
Chill
Don't be afraid
First, I will Analyse the background and news of the stock. Then once decided, just Buy the specific stock. Lastly, just Chill and let it grow. Don't be afraid of losses as there will definitely be ups and down in the stock market.
Trust yourself and give it a go!
1
1
Trading is like taking care of a kid. Always be patient, do things step by step, never be afraid of and ups and downs, observe the changes in your kid(stock) behaviour. Stay calm , relax and don't panic when things don't go your way. Just how we teach our kids, never do shortcuts, or expect immediate results. Passing down trading skillsets and mindset to our kids will widen their knowledge and will be useful in the society. HAPPY FATHERS DAY ALL!