Are brokerage accounts for teens really a good idea?

Jonah Berger of the Wharton School said brokerage accounts for young people could teach money management skills. “There are risks to investing, period…. I don’t know whether those risks are unique to young people,” he said. “Think about cell phones and access to the internet and social media—all are powerful tools that … can have down sides if not used carefully.”

・ From NBC News