For most persons age seems to be the major factor when it comes to making money online, they assume they are too young or too old to start investing. From your point of view, do you think a 14 year old is too young to start having various kinds of investment that would generate money? For me i believe a 14 year old is not too young to make investments.
Is a 14 years too young to start an investment?
- Thread starter eldavis
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I have not observed here in my pace 14 years old already investing. Kids at this age are in school to learn. Their minds are too young to understand this thing. But if they are in the lineage of the business operator's family, the 14-year-old kid might get influenced.
This is only true if they are in a family that is not poor because there are a lot of poor families where parents are even unable to provide even food everyday then the things will differ from what you say and they are obliged to work to pay for schoolarship.
Even though according to Warren Buffet's story, He started investing since he was 11 years old, but in my country legally people can invest at least after having an ID card, or around 17 years old. So a child under 17 years old who doesn't have an ID card will use someone else's name, be it his brother or his parents.
Oh poor kids, so pitiful. I remember when my father was still with us, he suggested us to help a poor boy earned money at home. I opposed because the boy was 8 years old. But my father insisted so I volunteered to pay the boy at 1000 pesos a month just to sweep the floor.
I myself started investing almost at this age, and of course coping with failure at this age cannot be easy, but after all, we have to start from somewhere to gain experience and learn. In my opinion, it is not a problem to invest and take risks at a young age
I don't think is wrong for a 14 years old child to start investing. It is paramount that a child will start climbing the ladder as early as possible. Warren Buffett started at 11 years and it helped him to be an expert in investment. Parents suppose to encourage their teens to start saving and investing.
I think so too. You set a good example. Such children grow up faster. Sometimes parents want to take care of their children, but they actually stop them from growing up. All successful people started working and investing from childhood
I think that the most important thing than a father could teach a child is to saving when the child knows how to save and the importance of the money and how to manage it, investment comes later, a good finance culture is very important to a child
Yes, saving money is very important. My father tried hard to teach it to me, but I never learned
But I said this because sometimes parents don't allow kids to invest. Well this is bad. Even if he is going to lose money, there is no problem. This will be experienced. You have to take risksHonestly, I am in favor of the child investing, but having the father do it or with the direct advice of the father, this can be good, because no matter how intelligent the child is, after all, he is 14 years old or even younger and he could make very serious mistakes.Yes, saving money is very important. My father tried hard to teach it to me, but I never learned
I understand what you mean. Yes, especially if that child is from a rich family. it depends. It is not possible to say 100%, but most of today's successful people did great things when they were teenagers without their parents. I understand your concern and parents but this is the truth. I don't encourage anyone to do this because many teenagers get into trouble, but we only see successful people.
Unless born in a well off family, a 14-year old kid does not have much money to make investment. I think the kid should learn more about how to save money and earn some interest. They can be taught about the concept of compound interest.
Yes it is very good to start investing at the age of 14. The earlier the better, when kids are encouraged to start investing at this age, they will be perfect when they grow old
A fourteen-year-old can start making money online because it's an avenue to earn respectively.
I respect your opinion but may I ask why? Because anyway, you have to start from somewhere. I am right? We need to fail in life and gain experience, And even better if you succeed at that age
