Building Your Wealth
Understanding Money with Eoin McGee
00:00
Investing for Minors: Starting Young for Long-Term Growth
The chapter discusses the potential for minors to invest money with parental support, emphasizing the importance of long-term wealth growth and following basic investment rules. It also explores the pros and cons of investing in state savings schemes versus recommended investments while stressing the need to consider investment timeframe, risk tolerance, and potential returns when making investment decisions.
Transcript
Play full episode
