I would say that depends on how you view the subject. If you consider stock trading as just another kind of gambling and only the big shots (or a few lucky ones) make a profit, very true, we shouldn't let our children have a glimpse. On the other hand, if you accept the concept that holding a share means owning a small piece of a company, it becomes an excellent opportunity to learn what business means and how the world operates.
For example, take China Eastern Airlines as the example at hand, as soon as a child is having personal financial interest in it, one could encourage him to explore, with time, the following aspects:
- geography of China
- structure and operation of an airport
- security procedures and terrorism
- ticket and pricing system of airline company
- physical considerations of airline meals
- types of freedom of air (transit rights and traffic rights)
- relation with petroleum industry
- finance statement and balance sheet
1 comment:
Yes sure, financial illiterate is as bad as illiteracy.
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