Your First Brokerage Account — Stocks, Bonds, ETFs Explained

A paper-portfolio lab for 17-year-olds with €1,000 in hand. Open a brokerage account, tour the five core asset classes (cash, government bonds, corporate bonds, individual stocks, ETFs), and build a portfolio appropriate to a 50-year horizon. Teaches the compounding cost of fees, the diversification principle, and the distinction between risk capacity and risk aversion.