The National Securities Commission (CNV) authorized that children of 13 years old can invest in the stock market Argentina.
The resolution published in the Official Gazette establishes that 13-year-old children can buy and sell stocks, bonds and more starting in October 2024.
Although the measure aims to give children in Argentina access to the financial system, experts warn about the risks that investments could represent for your emotional health.
Argentina will allow 13-year-old children to invest in the stock market, but with the authorization of their parents
The National Securities Commission (CNV) defended that investments by children of 13 years oldaim to “encourage savings and promote financial education from an early age.”
Along the same lines, they argued that the aim is to promote children’s access to the financial system, since minors have the authorization of their parents.
For her part, the vice president of the CNV, Patricia Boedo, said that the measure responds to the growing need of the young population to manage their money in virtual wallets or bank accounts.
“It is a need for young people to know how to manage the capital market. And what better than to do it from an early age? “A few years just before they enter that stage of life, which is the working stage, and which can be a tool, it should be a very useful tool for young people.”
Patricia Boedo
The mayor of Buenos Aires, Jorge Macri, joined the CNV decision and announced that they will be included financial education programs in the city’s high schools in early 2025.
13-year-old children investing in the stock market could have consequences: This is what psychologists and educators warn
After allowing 13-year-old children to invest in the stock market, psychologists and pedagogues They criticized that the measure could cause emotional problems for minors.
One of the consequences would be the increase in gambling at an early age. The above is added to the fact that currently adolescents and young people between 13 and 19 years old already add debts for betting your money online.
“It seems like a very wrong decision to me,” said Lucía Fainboim, director of the consulting firm Bienestar digital, who recalled that this could affect generations that have already grown up with the idea of earning immediate and effortless money.
Mental disorders (Gabriel Cabello/SDPnoticias)