No. of Recommendations: 21
Since the intended audience is primarily youngsters, I hope in the chapters to come you will talk about index investing also, and not limit to investing in individual stocks only.
Learning how to evaluate businesses takes a lot of time. For a youngster just starting out, unless they are doing it professionally, this time is better spent focusing on their career. Making sure you are on a career path that pays well and then putting all energy into excelling in said path will pay off more than spending time researching individual companies.
A high paying career (which allows high savings) combined with index investing is a young person's best bet to build wealth. A mix of SP500, QQQE, RSP and a Global ex-US fund will do just fine. Unfortunately, many get sucked into investing rabbit holes of various kinds in their younger years and end up wasting precious time and money.
As a bonus, it's also better for society if fresh minds are engaged in doing useful work rather than purely financial endeavors which result in wealth transfer but add no real value.
