Start investing - for children aged 8-14

Descripción

Please note: this course is intended for purchase by adults over the age of 18 who may watch and learn alongside their children. Starting to invest at a young age is one of the biggest predictors of financial success and security when you are older. In this course we'll help young children between 8 and 14 years old to understand the basics of investing and to create an investing strategy alongside their parents. The course is split into two halves • the first half is for children to watch alongside their parents • the second half is to provide parents with the basics of investing and how to set up an investing account for your child In the children's course you will learn: • What is money and why we have it • How inflation can eat away at our money • Why we need to invest to grow our money • How diversification can reduce the risk to our money • Shares - what they are and how they can grow our money • Bonds - how we can earn by lending our money to companies and governments • Funds - how we can use funds to put our eggs in lots of baskets • How to build your first portfolio In the parent's course you will learn • How to set up a Junior ISA (for UK parents) • How to transfer an existing Junior ISA or Child Trust Fund • An introduction to Shares, Bonds and Funds The children's course is 1 hour 30 minutes long - but I recommend you watch just one chapter at a time. The chapters are around 20-30 minutes long and cover just one main topic. I'd advise watching just before a meal where you can discuss what you have just learned as a family.

Lo que aprenderás

• Understand why we use money and why it is important to grow the money you have
• Understand why investing can be the best way to grow your money over the long term
• Learn the magic of compound interest
• Learn how shares, bonds and funds work together to grow your money
• Begin to build out your first portfolio of investments together with your child
• Learn how to set up a Junior ISA for your child (for UK parents)

Requisitos

• No financial experience is required.
• Ideally you and your child will watch together so you can discuss what you learn