‘The Big Money Show’ panelists discuss how Gen Z is increasingly opting for skilled trades over college degrees and desk jobs, as well as new brokerage accounts letting teens invest.
00:00 The Decline of College & Rise of Skilled Trades
01:45 Why Trades Offer Higher Pay & Entrepreneurial Opportunities
03:15 Tech Giants Embracing Apprenticeships Over Degrees
04:45 Teen Stock Trading: Financial Literacy for the Next Generation
06:20 The Power of Early Investing & Learning from Mistakes
07:55 Red Lobster CEO’s Path: Early Investment to Success
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Be careful, it could be a bubble. One problem is you'll have to buy your own set of tools. How much does that cost?
How about this? Let them earned $100 and then see what they do with it. Give them $100 that is dumb dumb dumb.
Trading stocks with kids is gambling. It’s dumb dumb dumb!! Teaching them to gamble that’s just great.
I disagree with the "networking" part. It is true that non-trades colleges have sororities and fraternities. However, networking is as simple as encouraging students to work in a team environment in some capacity and solve some MEP (Mechanical Electrical Plumbing) etc. problems together. From what I've seen, most trade schools do this naturally. It's also human nature to connect with other people. All students need is an environment that encourages some socialization conducive to forming lasting relationships with their peers.
THIS IS COMPLETE PROPAGANDA!!!!! Trying to drive down wages to help corperations make more money.
The more USA Americans we have in trades the less illegals we will have (in theory) in the USA. USA jobs for USA Americans.
Big industry is losing right now because they don't have enough talented tradesmen so there is a massive backlog and they end up paying an ultra premium to get tradesmen in the door. The goal of this is to pay talented tradesmen with 10 years of experience 22- 28 dollars an hour and then praise the market to say LOOK AT ALL THESE JOBS.
Worked in the trades for a decade then switched to a desk job. Trades are necessary but your body will pay for it in the long run. Every old guy i met in the trades had injuries from labor and illnesses from exposures to chemicals. I wouldnt recommend it unless you didnt have a choice.
I learned skill will out last any piece of paper from a collage 😉
Honestly guys I’d do both. If you can get an associates degree from a community college and a trade degree that’s even better.
You don't need an overpriced college degree to start a business, create a new technology, etc. Spending four years to go into six figure debt so you can work 9 to 5 in a cube farm for people who don't care may not be worth it.
When colleges are 1. Openly hostile to male students. 2. No longer educate, but instead indoctrinate, and 3. Indoctrinate via political and world views that are antithetical to about half the students there. 4. Keep increasing costs because hey, college is about revenue generation for the college, debt is for the student. Yeah, I'd walk away too.
This is just the plan to move ppl out of the way so AI can come in 🤷🏽♂️
You are Harvard graduate🤔
Trade skills are more in demand and more money in it!
Trade job don't make money you start out at 28,000 year. But you will have go trade school for 4 years. And pay 100,000 dollars for school then after that you have try find trade jobs. Then after that you have do other 4 years of school while you work on jobs and pay other 100,000. After that the company will hire you for a trade job and start you out at 36,000. You will be in debt 200,000 for school and only make 36,000 year. It's better to go college and learn build AI engineer and software development for AI. Don't listen to what fox news says because you won't make money with trade jobs because if it pay that much all the kids will do it 20 years ago. Also you can start your own business with something else.
America needed more skilled Tradesmen! The plus side is they will all know what bathroom to use!
People responding to incentives
The trades are taught in community colleges. It doesn't matter whether it's a red or blue state. Every US student has to take GE requirements if want a degree. Better to complete the fundamental Liberal Arts GE like English 1, Speech 1, Biology 1, Political Science 1, US History 1, Psychology 1, Economics and Statistics as a teenager still in HS taking at a CC or Freshman year college. Then do the trade AS degree.
Is wherethe money is at and atleast to a man nothing feela better than accomplishing something with your hands
Electricians wiring eachothers houses doesnt make an economy, you need a full spectrum of careers such that needs are diverse and serviced by many. This trade push is a brief wind in the sails of a sinking ship
Those are the kind of jobs Unions used to offer apprenticeships for. Many for free. Gee, I wonder what happened to those?
When trades are overcrowded with applicants, wages will drop to fast food levels.
Young people are too spoiled by their grandparents. Ignorant lazy kids that are allergic to getting their hands dirty.
Just wait for it soon trade jobs will saturate and wages will flatten and fall
We need both white and blue color work for a functioning society
We do not have a functioning society we have a wealth extraction extortion based criminal run society
Cantilon effect in full force
I had a nice carpentry company. I could never get my son interested in learning the business. It’s a shame because it was good money.
Gen Z sees the AI disaster that’s coming. Taking on trade jobs is smart but at what point will we have too many in those positions?
Coding used to the the “next big thing” but why hire new human coders when AI can do it
Bring back quality workmanship.
All smart kids, especially the boys
We wanna make $900,000 a year not $10,000
There are stock trading games kids can play without burning your money…
Best news ever! 🎉
When I hear this woman I feel like eating fried chicken and put on my hood.
They need to ease up on how much the trades make…it’s an ocean of people barely making more than fast food workers
Office jobs in tech are for Indians