parents

In January there was one of the most anticipated news in time in South Korea. A small ray of hope after years of demographic debacle when seeing how the nation saw a Increase figure thus breaking a streak of almost ten years. Then we knew ideas that sought to further enhance that birth rate, such as the offer of “Premium” meat To the new moms. Now we also know that kids are receiving gifts from their parents. But they are not toys, they are actions. From stuffed to the portfolio. In South Korea, traditional children’s gifts (dolls, consoles or games) are being replaced For stock stock actionsan increasingly popular trend between parents seeking to plant the seeds of financial education from childhood. What was previously exclusive to expert adults, today, According to local mediait makes its way between minors who, with the consent of its parents, already total more than 1.2 million investment accounts in the country. Explained the Korean Times Cases like Lee’s, a 45 -year -old office worker who has given her son on her birthday and on Children’s Day, embodying this new philosophy for seven years: build an early heritage and transmit economic knowledge through the example. Although the child still prefers the letters of Pokémon that his mother gives him, the father’s intention is not immediate, but in the long term: familiarize him with concepts such as dividends, shareholding property and compound growth, even if for now he does not fully understand them (or nothing). Fiscal instruments and benefits. This kind of dystopia has much more, since the favorite instruments of this generation of children’s investors are the High Dividend ETFfunds that replicate indices such as S&P 500, and actions known as those of Samsung Electronics, Tesla, Nvidia or Apple. Because the strategy not only responds to an educational eagerness, but also to tax advantages: Parents can transfer up to 20 million WON (about 14,000 euros) Free from child taxes every decade, which converts these gifts into efficient patrimonial transmission vehicles. According to an example cited in the middle by a father, an initial investment of 20 million WON with an annual yield of 7% can be transformed into 70 million after 20 yearswithout paying a single won. This forecast is aligned with an increasingly entrenched vision that the economic future begins to build not in adulthood, but in the first years of life. Adolescence and stock market. Apparently, the trend has begun to permeate even among children and adolescents themselves, particularly in the strip from 17 to 19 years. In a recent survey Made by Samsung Securities43% of young people claimed to have an investment account In his name, and 58% declared that they planned to invest in shares soon. This youthful interest contrasts with the traditional lack of financial culture among the youngest in other countries, and reveals a society that, through parental practice and accompaniment, is Refforting your relationship With money from the bases. According to Hwang Seiionresearcher of Korea Capital Market Institutethis phenomenon has low risk due to the small initial amounts and adult guidelines, but it can have a high impact on the literacy long -term financial. Seducing childhood. The last of the legs to be treated. Faced with this hatching of investors Precocosstockbrokers are deploying directed campaigns directly to children and adolescent public. Within the framework of Children’s Day, signatures like Mira Asset Securities, Samsung Securities and Kiwoom Securities offered economic rewardsgift cards and reduced commissions for minors that open their first online accounts. Kiwoomwhich concentrates more than half a million of these children’s accounts, has even launched a Educational Channel On YouTube to teach basic finances in a didactic way. An entire ecosystem that points to a strategic objective: to capture the investor from its earliest stage to consolidate a long -term relationship with the market. Transcending money. The KT told That, in the background, and beyond the accumulation of wealth, this movement represents a sociocultural transformation: money ceases to be a taboo issue between parents and children and becomes part of the dialogue daily. In a dystopia that few were able to advance, tell a small child who is Tesla’s shareholder or who has a fraction of the S&P 500 not only introduces it to the language of capital, but, apparently, offers a new way of understanding his place in the economic world. If you want also, in a historically oriented society to savings and educational effortSouth Korea seems to be finding new ways to translate those values ​​into the 21st century. What was once an envelope with tickets today can be a business fraction, and what was once an ephemeral toy, now it becomes a tool financial training. Childhood, losing along the way part of its playful character, is thus linked to a broader notion of forecast. Because how these hint Parents “Visionaries”It is never too soon to learn to invest in the future. Image | Pexels In Xataka | The last idea of ​​South Korea to lift birth: Free flesh to the new moms South Korea | Seoul is so desperate to activate his birth rate that he has had an idea: give € 700 to those who marry