The UAE Junior Jiu-Jitsu National Team consisting of a 64-member delegation – 48 of whom are youth between the ages of 10-16 – will be participating in the American National Kids Jiu-Jitsu Championship in Long Beach, California on Saturday and Sunday.
This is the first time the UAE has sent a team to an international tournament.
“It is indeed a demanding tour, but in modern-day sport, this kind of preparation for a competition is normal,” said Alyazya Khalfan Al Shyari, 14, one of the seven girls among the 48 fighters.
In addition to the tournament, the team visited a number of tourist sites in and around southern California this week.
Follow our sports coverage on twitter at @SprtNationalUAE
How will Gen Alpha invest?
Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.
“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.
Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.
He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.
Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”
Company%20profile
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