18 years good enough to invest in stocks
The new ruling has just came out. 18 year olds can trade in the stock market. I don't use the word investing in stock markets. Stock markets used to be a place for long term investment. You put in some money and see them grow with the company. Not today. The stock market is like a casino or worst than a casino. The big players are manipulating the markets at will and investing in stocks is no longer like it was before. It is betting on a position every day, every hour and every second. I don't think it is the right thing for 18 year olds to be in this kind of stock market. We will turn into a nation of gamblers. is this the right way to go? At 18, the possibility of reckless trading is very high. And traders can easily be caught in bad positions and losses can accumulate into a mountain in no time. And the parents will end up bailing these kids out, that is if they are able to or can afford to.