Kids investor program

In this video we give a look inside the topics discussed during the lessons for the kids. More About The Fun. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. However, you may visit "Cookie Settings" to provide a controlled consent.

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In addition to training Scholars in a variety of skills, the program provides businesses with a pipeline to qualified talent from all neighborhoods of Chicago. Emerge scaled from 21 paid interns in the summer of to 80 in Interns are high performing, motivated college students who are admitted into the program through a rigorous application process.

Once accepted, they are interviewed and matched with a Career Partner for the duration of the summer. In , 54 distinguished corporate and community Career Partners provided meaningful summer employment to the Scholars in a range of industries, including finance, law, health, publishing, technology and the nonprofit arena. A unique feature of this program is the Friday Growth Lab.

For the duration of the program, students work 4 days a week at their host sites. Every Friday, at a different venue, they participate in seminars designed to complement the internship experience. In , 19 businesses hosted Growth Labs.

In sum, these programs would give a boost to millions of children of all races, while also closing the racial wealth gap for young adults. But all of the proposals to date would use Treasury bonds as an accumulation vehicle. Why not consider helping all families invest the way wealthy ones do: through riskier assets such as equities? In a recent paper , we examined the extent to which investing the baby bond accounts in riskier assets would close the racial wealth gap under various market conditions.

The findings illustrate the benefits of investing in riskier assets, given a reasonable investment strategy and an year time horizon. The chart below shows the difference in the racial wealth gap before simulating the effect of introducing baby bonds and after, when investment performance is at the 5th percentile of the distribution of possible outcomes.

Even after an uncommonly poor sequence of returns, the racial wealth gap would still close by more than a third in terms of resources available per child at age To understand the possible outcomes of investing the baby bond accounts in riskier assets, we simulated the investments following a glide path, moving from a high proportion of the portfolio in equity when the accountholder is born to entirely invested in debt as the accountholder approaches This is a similar approach as that used for the increasingly popular college savings plans and, although over a different time span, for target-date funds.

By simulating this investment strategy across various sequences of returns, we can approximate the outcome for each individual in our sample in good markets 75th percentile and higher , bad markets 25th percentile and lower , and average markets centered around the 50th percentile.