The Associated Press talked to a few parents and financial experts for their tips on talking with kids about investing and the often confusing behaviour of financial markets. Here’s a summary of what they had to say.
KEEP IT SIMPLE
Parents should make sure kids understand money basics before they try to conquer investing. Once they’re ready, don’t overwhelm kids with too much information at once — you risk them missing the lesson and losing interest.
Kids need to understand what stocks are, why people invest and how the markets work before they can understand investing. Read more…..
Chart of the Day
Over the last 40 years, China’s rapid economic expansion has altered the world’s geopolitical and economic landscape. Bridgewater’s Founder, Co-CIO and co-Chairman Ray Dalio joins Bridgewater’s Senior Portfolio Strategist Jim Haskel to discuss the historical arc of this growth and why the portfolio characteristics of China’s markets are attractive and diversifying despite escalating global tensions.