A father turns investing into a game to teach kids, leading to outperformance.
From Nasdaq: 2025-02-04 11:14:00
In this podcast episode, a father shares a unique approach to teaching kids about investing by turning it into a game with real-world stakes. Learn about the importance of incentives, engagement, and Rule Breaker stocks that have quietly built fortunes. Catch all the insights for investors of all ages on Rule Breaker Investing!
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Discover the little-known “Social Security secrets” that could boost retirement income by $22,924 annually. Learn how to maximize your Social Security benefits for a more confident retirement. Listen to Rule Breaker Investing for advice on getting kids started with investing, and explore the power of creativity, community, and taking risks in business and life. This week’s page breaker preview reveals a motivational quote from the end of the book, “What’s your Motley?” Excelsior, meaning ever higher, is the author’s Motley. Pre-order Rule Breaker Investing for more insights. Twitter users praise the podcast, with @AxelDeussen appreciating the quote “Human beings are a source, not a resource.” The 500th consecutive weekly podcast celebration receives positive feedback from listeners, with @RNCarian12 and @FReyLozanoCH expressing gratitude. Mailbag items focus on games and investing, with a father sharing his strategy of combining the two for his kids’ Roth IRAs. The kids’ performance in picking stocks outperformed the S&P 500 and their father’s Roth IRA, leading to engaging discussions and increased interest in investing. A father shares how his children learned about investing by competing to beat the S&P 500. Despite initial disappointment, his daughter is motivated to be more cautious in her picks for 2025. The father emphasizes the importance of starting early, using games to engage, and teaching emotional lessons and ownership through investing in familiar companies. He also educates his children on market context and the importance of resilience in investing. Summary: The speaker discusses his famous market timing line, emphasizing the importance of optimism and belief in progress for investment success. He highlights the significance of investing in top dog, first mover companies with real-world impact. The speaker praises a listener for instilling financial literacy in his children, setting up a new family legacy.
Summary: The speaker emphasizes the importance of starting investment early for long-term success, noting that larger holdings experience greater volatility. He commends a listener for teaching financial literacy to his kids through a game, encouraging others to follow suit. The speaker references a past podcast on getting kids started with investing.
Summary: A listener shares his preference for PC games due to difficulty arranging board game gatherings. He enjoys solo or online cooperative play, connecting with family members in another state. The listener seeks advice on balancing gaming and investing, highlighting the importance of financial education and family legacy. Mike Hoffman, a Motley Fool subscriber, expresses his love for PC games and suggests dedicating podcast episodes to them. David Gardner appreciates the suggestion but prefers focusing on board games. He highlights the benefits of playing games online, building friendships across borders. Gardner also mentions Motley Fool Live, a members-only feature offering hours of programming daily. NVIDIA faced a meltdown earlier this week, losing over $500 billion in market cap in a single day due to competition from a Chinese AI firm. Despite this, Motley Fool encourages investors to stay invested for the long term. The Rule Breaker Mailbag also highlighted Cintas, a successful stock pick by Tom Gardner with significant gains over the years. Founded in 1929, Cintas is a leader in providing uniforms and work supplies globally, generating $10 billion in revenue and $1.5 billion in net income. David Gardner discusses the importance of persistence in investing, highlighting companies like Trex and Copart that have seen significant growth over the years. He also mentions Chipotle as a standout performer, emphasizing the value of consistency in business success. Gardner closes with quotes on persistence from historical figures, urging investors to stay committed to their goals.
Read more at Nasdaq: How to Get Kids Into Investing