Teaching Kids About Playing the Market

April 28th, 2008 by admin

I have been teaching my teenagers about how the stock market and the Forex market work. We check the newspapers and they choose what type of stock or currency they would like to “purchase” with their pretend money, and then follow up to see how they do over time. They can make as many pretend trades as they like in the course of the month, and the one who does the best will get a prize. My oldest is sure he has a Forex trading system that will help him win, but so far I think my younger daughter is doing better with the stock market.

Posted in Business |