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I got my daughter to buy one GME share in her account using her money. We closed at $130 giving her a profit of $40, easily paying for her copy of Minecraft sh

I got my daughter to buy one GME share in her account using her money. We closed at $130 giving her a profit of $40, easily paying for her copy of Minecraft she wanted. I don't think there was any valuable lesson in this for her or us, just a bit of fun. We are trying to teach her about gains in the long term, i.e. reality.

JacobSuperslav 6y ago
better teach her about gains over 5-10 years, not gambling on single stocks
- nojvek 6y ago
  Why not both. There’s value to learning to take calculated risk. If you put a tiny sum where you are okay loosing to make a quick buck and have a decent model of probability, it works out.
jobigoud 6y ago
Wait, she could also have bought the Minecraft copy with the trade money without the risk of loosing it...