The Investopedia Express with Caleb Silver
The Driving Forces Pushing Financial Literacy into America's Public Schools
Nov 13, 2023
The podcast discusses the importance of teaching financial literacy in American public schools. It highlights the positive impact of personal finance classes on students and the increasing number of states requiring personal finance courses. The podcast also explores effective tools for financial education, such as simulations and budgets, and introduces the concept of dollar cost averaging.
34:43
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Quick takeaways
- Only 23 states require financial education for graduation, highlighting the need for increased emphasis on financial literacy in high schools.
- The stock market's recent performance highlights the dangers of market timing and the importance of a diversified portfolio.
Deep dives
The Stock Market Rally and Market Breadth
Stocks have been on a rally with gains for two weeks in a row, led by mega cap tech stocks like Apple and Microsoft. However, market breadth has been weak, indicating lack of confidence in the overall direction of the global economy.
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