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RE: Rinse and repeat generational investment

in LeoFinance3 years ago

I Don't know why parents opening such trading & investment account at this age.Do they want them to invest those money when they go to school or college and collect pocket money or they want them to skilled much in advance in finance sector.

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Most people never invest at all, because they have no experience with it. So, having a trading account of some kind means the barrier to entry is removed completely and there might be enough in there to make significant new investments with. With the lessons of parents on top, it can be highly valuable to the child for their education - far more so than a lot of what is taught in a school, including an economics school.