I almost don't want to discuss this.
Because it's saddening.
I have a very intelligent 17 year old daughter. I don't control her funds.
I do control her investments.
"Dad, did you hear about reddit regarding GameStop ?"
Yep, that's not going to end well.
"Yes it will. They've said it will just keep going up because rich people own it"
I let out a big sigh as I was cooking dinner. The conversation stopped.
Kids need to be taught this stuff at school. Immediately.
I'm not going to have time to teach my daughter because she's intent on moving out for uni next year.
You can't teach kids economics of any kind in a 30 minute conversation.
Yes, common sense should kick in.
But they are being influenced like we never were.
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