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What should young people never do when managing money?
When investing, young people are not advised to do stocks, futures and virtual currency. Because these three investments are often risky, young people have no experience and financial support. Once the investment fails, they will be burdened with high debts, and they will never be able to turn over. Therefore, these three kinds of investments should be cautious. If you can't touch them, don't touch them.

The first type: stocks.

Many newly graduated college students asked their parents for venture capital and wanted to start a business through the stock market. As a result, they didn't know anything about the stock market, and after investing their money, they lost everything. Not only did I lose all my parents' hard-earned money, but I was even heavily in debt. Finally, I was forced to work to pay my debts. My life dream and beautiful life plan when I just graduated have become a bubble, so that I can't turn over for several years. Therefore, for stock investment, if you have experience, you can contact it. Don't touch it if you have no experience.

Type 2: Futures.

Many people are speculating in futures, because the return of futures is higher than that of stocks, but futures also have very high risks. Once the futures speculation fails, if there is not enough financial support, it may be heavily in debt and even bankrupt in the end. Every year, people are forced to go to jail because they can't pay for futures speculation, so young people should be cautious when investing in futures.

The third type: virtual currency.

Bitcoin, as a virtual currency and a way of self-investment and financial management, is loved by many people at home and abroad. However, this currency is illegal, has no international status and is not recognized by the state, so it does not have the attributes of currency at all. However, many young people were confused by public opinion and didn't understand the true value and connotation of virtual currency at all, so they threw themselves into it at once and lost all their money when the virtual currency bubble burst. It is normal for young people to get more wealth, but they should also do what they can. The road under your feet. Success requires step by step.