They are also more daring and independent than their parents were at their age. They study the company before they buy, unlike many older investors. Of course, there is always the risk of losing big. Habib Khondker, a sociologist in Singapore, says only if the youngster really wants to. It should definitely be based on the person's interest.
Maturity has nothing to do with chronological age.
His parents, of course, or at least one of them. Chew Won Eng, who manages a cooperative in Singapore, allowed her son Andrew to trade at 17 because she was confident he knew the value of money. Her husband, an airline technician, worried that their son would end up a gambler. He cashed out in 1999 before the Nasdaq bubble burst. Here are some of his trades and comments.