@dr.boyce.finance: • A trader and an investor are not the same thing. • A trader is usually trying to profit from short-term movements in stock prices. They may hold a stock for minutes, hours, days, or weeks. • An investor is buying ownership in businesses with the expectation that those businesses will grow in value over many years. • Traders ask: “Where is the price going next?” • Investors ask: “What could this company be worth 10 or 20 years from now?” • Trading requires timing, discipline, risk management, and often significant attention to the market. • Investing allows you to take advantage of one of the most powerful forces in finance: compound growth. • And here’s something important: day trading is much harder than social media makes it appear. • One academic study of Brazilian equity-futures traders found that among people who persisted in day trading for more than 300 days, 97% lost money. • That doesn’t mean trading is impossible. It means trading should not be confused with a guaranteed path to wealth. • For most families, consistently acquiring quality assets and holding them for long periods can be a much more sustainable wealth-building strategy. • Teach your children to become owners, not gamblers. • Teach them patience. • Teach them investing. • Teach them that wealth is normally built over decades, not weekends. We have a Black Business School for Children where we teach young people about investing, entrepreneurship, ownership, and wealth building. Visit BlackMillionairesOfTomorrow.com. #BlackWealth #Investing #BlackMillionairesOfTomorrow

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