We’ve been investing in the stock market on behalf of our daughters (11 & 13) for many years. Occasionally, I show them a chart of how their investments are doing. Over the last 5 years, their investments have doubled in value. As you can imagine, that got them excited. I explained that whilst this was exciting, they shouldn’t get too carried away. The value of their investments could also fall significantly over a short period of time. I also explained that part of the stron

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