The Gift of Savings

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I think young people should be taught to save and more importantly to invest their money. The stock market has provided a great return on investments for those who learned how to invest profitably. Now, the educated investors are the only ones making money. It was a common rule in the investment community to buy and hold stock in a viable company and then when you need some money sell some. That proved to be a flawed model. It's always been considered wise to buy on the low and sell on the high, which means you need to trade some. There are a few ways to weigh the probabilities and make good buying and selling decisions. This would be the most valuable education anyone could acquire. Investing in public companies provides the needed funds for companies to grow and employ. Investors enjoy getting their share of profits when they need it. It's a win win.

Ken McCormick KGC Marketing of FL 2:37PM December 24, 2009

The easy (and interesting) to read classic book Richest Man in Babylon is a book I found later in life. It's message concerning this subject is timeless and could have a serious positive impact for any young person who would be wise enough to escape the Spend-all-you-get mentality that is prevalent in our modern culture.
I would say we as a nation are suffering because of the violation of it's basic lessons. We can do much better. computerincomesecrets.com

T. WIlson of MO 10:35PM December 21, 2009