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re: High schooler made $300,000 trading penny stocks from his smartphone in class

Posted on 12/7/14 at 9:28 pm to
Posted by bayoubengals88
LA
Member since Sep 2007
18897 posts
Posted on 12/7/14 at 9:28 pm to
quote:

Agreed. High school kids should be taught the ins and outs of home loans, car loans, credit cards just as a start. They should also be shown how a pay check is taxed and the burden business' have for having an employee.

They should also be taught about buying and selling stock, mutual fund fee structures, capital gains taxes etc.


No kidding. I didn't learn any of this stuff until I stumbled across this board in February (about 5 years too late)!
How is knowing how to manage money so neglected? Few things are more important...
This post was edited on 12/7/14 at 9:29 pm
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