Self-improvement best investment for the young

Four college students spend time on a stock trading floor. [Photo/IC]

When the stock market became bullish a few months ago, many young people rushed in to invest, with some even quitting their jobs or selling their houses. Now, with the sharp plunge in stocks, many are asking whether it is wise for young people to trade in stocks. Comment:

Young people should not waste their time in the stock market. Their largest capital is their youth. Once they invest their limited savings in the stock market, they can be shattered by fluctuating stock prices and waste their precious youth dealing with shares. The most valuable fortune they lose in the stock market is not money, but the opportunity for self-improvement, which is the most reliable and long-term source of income.

The Beijing News, July 2

If some college graduates can achieve success in an industry after a decade's hard work, why cannot they do so by playing stocks for 10 years? If youths do not enter the stock market, there will be no professional stock trader in the market. It is very difficult to become the leader in every industry, and the stock market is no different. Without failure there is no success. Instead of persuading young people to stop investing in the stock market, we better build a fairer stock market and a fairer society.

Wujienews, July 8

With the stock market going into a nosedive, many people say youths should stay away from the bourse because of the high risk involved. And many media reports say youths rushed into the stock market neglecting their studies or borrowing money, and ended up in huge debts. Youths are more likely to be affected by external factors and can easily make a wrong choice. To some extent, this reflects a mindset of not having trust in youths. Whether young people should invest in the stock market or not depends on their individual situations.

ifeng.com, July 8