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Reddit mentions of Capitalism II - PC

Sentiment score: 1
Reddit mentions: 1

We found 1 Reddit mentions of Capitalism II - PC. Here are the top ones.

Capitalism II - PC
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Specs:
Height0.31 inches
Length7.09 inches
Release dateMarch 2009
Weight0.4 Pounds
Width5.28 inches

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Found 1 comment on Capitalism II - PC:

u/coinaday ยท 3 pointsr/Buttcoin

> I don't claim to know what a solution to the problem is, but I'm relatively certain if you asked the vast majority of people under 35 about putting their money in stocks, bonds, or CDs they'd have no idea how to do that. I want to say high schools should teach basic financial skills like budgeting, saving for retirement, investing, and most importantly the risk assessment that goes with that. Unfortunately, I suspect that teaching students that would potentially open schools to litigation when some students inevitably failed hard at the risk assessment and put their eggs all in one basket(i.e. anyone who takes out mortgage loans to buy Butts or stock in that awesome new company that's going to the moon...Enron).

I think schools should teach that stuff. I got a basic introduction to stocks and bonds and such from a personal interest as well as my grandfather, who subscribed to Barron's which I got to enjoy reading a bit myself as a result and who bought low cost index funds. My schools also did have a little bit of exposure to it as well which I certainly enjoyed too.

The bottom line that having a low cost / low fee approach and using index funds to get the market return over a long period of time is essentially the safest and most reliable choice for most people is important, and people should be taught as much more as they'd like to know about why that is and how to go further if they want.

Also, I highly recommend people play Capitalism II (non-ref Amazon link; also available on gog) ; it's definitely a bit dated at this point, but I think it still holds up really well and it's a surprisingly solid introduction to basic business and investing concepts for a video game. Definitely worthwhile learning material as well as a lot of fun in my opinion.