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I agree with you. Some parents are like this. As for me, I always give advice to my niece to earn her extra allowance. She can do what she wants if did earn some.Investing is for everyone regardless of status as long as age qualification is followed. Some parents disallow their kids to invest, they require them to prioritize their studies. Some parents encourage and teach their kids eligible to invest to start investing so that they can acquire wealth while they are still young. Investment is not for the old but for anyone having passion and capital. One can acquire skills through assistance from their parents. Sooner or later, they will become skilled and ready to face risks.
My nieces and nephews are not eligible in this kind of investments. They are studying in private universities. Their parents have good jobs like nurses and medical doctors.I agree with you. Some parents are like this. As for me, I always give advice to my niece to earn her extra allowance. She can do what she wants if did earn some.