Today’s ET Wealth had an article about teaching equity investment to teenagers, and there was a case study shown of a 16-year-old who had been using the trading account of his father.
For the first time I felt cheated that such a great publication can actually misguide the youngsters
Instead of actually teaching children about the basic concepts of economics and how it helps to build up national and personal wealth, the publishing articles which will actually detrack and distract the youngsters.
As it is a large number of youngsters have lost phenomenal wealth by doing trading after the lockdown because they got into the habit of it during the Covid lockdown.
Now by doing this, they are targeting the younger age group, which should actually be learning about fundamental subjects to build a great edifice of their life on it.
Or simply teach the children how an individual or a company or any organized entity helps in building the nation that should be good enough .
Simply teaching those children the basics of Bank and banking should also be good enough .
What we need to teach children is that our WANTS are unlimited, but MEANS are always limited .
What we need to teach children is that they have choices to make, and what other factors which can help them in making those choices .
Please do not get swayed by such articles and misguide your children. There are so many things that your children need to learn along with their sciences and other aspects of life.
Please do not be shortsighted by teaching them about simply trying to make money by the stock market instead of concentrating on their profession .
Even I am of the opinion that finance as a subject should be taught in schools, but that does not mean that we start teaching children how to play with fire when it is hardly required .
Please be careful.
Monday, November 11, 2024
Children and their Foundations
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