Forget video games: Kids as young as 7 are buying stocks instead
Children as young as 7 are investing in stocks, tracking markets and learning to handle losses; While some see a path to financial success, experts warn that parental guidance is essential to managing the emotional risks
At age 7, Yotam Raz of Moshav Beit Yitzhak, a village in central Israel, was captivated by the prospect of making money. During the COVID-19 lockdowns, he turned his attention to natural soaps and sold them for profit, with guidance from his uncle, a senior investment professional. This early exposure ignited a passion for investing in stocks.
Now, four years later, Yotam is well-versed in the world of finance, despite acknowledging there is much still to learn. He advises children interested in trading to educate themselves through reading, videos, and starting with small, safe investments. His mother, Tal Izikowitz Raz, confirms that Yotam now manages his own investment portfolio, adhering to a low-risk approach.
He stays informed about financial news and consults Calcalist, Israel's premier financial news outlet, daily. Yotam's enthusiasm and dedication to investing have even inspired his parents to consider their own investment strategies.
Written by urgent.news from Ynetnews's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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