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re: Beginner investors. My 2 teen kids.

Posted on 4/5/23 at 8:32 am to
Posted by TorchtheFlyingTiger
1st coast
Member since Jan 2008
2145 posts
Posted on 4/5/23 at 8:32 am to
Show them this.
And ignore the advice to stock pick. Teach them to invest in the market with index funds and not try to beat the pros. A small percent in individual stocks for sport may be ok. But runs the risk of giving false sense they have some special ability to beat the market when in long term they almost certainly wont. Small wins now could lead to excess risk and big loses later when substantial assets are at play.
Posted by bayoubengals88
LA
Member since Sep 2007
19089 posts
Posted on 4/5/23 at 8:38 am to
Posted by lsugorilla
PNW
Member since Sep 2009
5575 posts
Posted on 4/5/23 at 10:00 am to
quote:

Teach them to invest in the market with index funds and not try to beat the pros.


Can I do that with fidelity?
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