Rule Breaker Investing January 2025 Mailbag: Investing as a Game
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Jan 29, 2025 Teaching kids about investing can be fun and impactful! A creative dad turns investing into a game, helping his children learn invaluable lessons about money and patience. The discussion dives into how to engage young minds with gamification and the importance of early financial literacy. It also highlights 'rule breaker' stocks that may seem dull but have quietly made fortunes. With a focus on persistence, the conversation inspires listeners to embrace optimism and think long-term in their investment strategies.
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Gamifying Investing for Kids
- Turn investing into a game with real-world rewards to engage kids.
- Set benchmarks like beating the S&P 500 or your own portfolio.
Power of Early Investing
- Starting early builds financial literacy and a long-term mindset.
- Early investing allows for compounding to work its magic over time.
Morrell Family 2024 Results
- Mark's son won $75 by outperforming both the market and his dad's portfolio in 2024.
- His daughter narrowly missed the $75 prize, prompting a discussion about patience and cautious picking.