My 6 Year-old Daughter’s First Investing Lesson
July 5, 2015
Tonight, my 6 year-old daughter, Sophie, learned her first investing lesson.
Sophie: Dad what do those red and green things mean with your stocks?
Me: Red means the stock went down, and green means the stock went up.
Sophie: Red is not good!!!
Me: Not necessarily. Let me ask you, would you like to buy a toy for one dollar or two dollars?
Sophie: Uhm, one dollar!
Me: So if you wanted to buy a stock, would you like to buy it at a higher price or a lower price?
If Sophie, my 6 year-old daughter, can understand why a buyer of stocks should want stock prices to be lower, anyone can.
I’m proud of you, Sophie!