Quote:
Originally Posted by Locke
Sorry, I dont disagree necessarily but whenever I see this I shake my head a little.
And who exactly is going to be teaching these kids about investment vehicles? Their Gym teacher during his spare?
Teachers are about as knowledgeable on these topics as their students. Its not like they're largely responsible for their own retirement investments and savings either.
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I still vividly remember my high school algebra teacher saying "Now, I'm going to teach you about compound interest. If I knew about this when I was your age, I wouldn't be here teaching you little buggers now!" :-)
I mean, teachers aren't super-qualified to teach financial literacy but no one's saying they're going to teach kids to manage their stock portfolios or provide in-depth investment advice (just like a high school science teacher isn't going to show them how to put a rocket on the moon - just introduce the basics.)
It'd be great if high school kids got some basic knowledge about stuff like compound interest, sensible investing, being responsible with your money, appreciating assets vs. depreciating assets - anything that would lessen the chance that those young people would join the majority of Canadians in being one pay cheque away from insolvency (or whatever that recent stat was.)