A podcast discussion on David Seymour's proposal to give Year 11 students $500 to learn investing, with expert Neil Edmond highlighting both the educational benefits and potential risks of such a policy.
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You'd have to put a lot of rules around it. I mean, you know, what's to stop the kid taking the 500 going down to the dairy? What's to stop the kid taking the 500 going home, giving it to mum and dad for the power bill? And then you've got the kid who gets into a bit of crypto comes back with $150,000 and what do you do with it? So you've got a lot of, you've got to, you have to have some rules around it, but I actually like the ideas.
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uncontrolled risk in youth financial activities
Neil Edmond: MoneyTime co-founder and CEO on David Seymour's idea to give students the opportunity to learn to investSpotted something wrong on this page? Report a correction.