How a 10-year-old made $ 3.200 from shares bought for… $ 60

The student already has in mind his next move in the stock market

Screenshot 2021 01 29 182820 10 years old

A student from Texas who handed over 10 shares of GameStop, a gift from his mom last year, has not stopped counting money.

Nina Carr had given just $ 6 per share to give as a gift to her son Jaydyn in 2019, according to the San Antonio Express-News report. The little one told her to sell them on Wednesday and they made $ 3.200.

In the recent panic with the GameStop share and the speculative games of some, mom and son caught the good one. Because they acted quickly.

"My phone went crazy because I was watching GameStop," Nina told the newspaper about the bizarre spike in the video game company.

"I was trying to explain to him that this is unusual. I asked him "do you want to keep them or sell them?" The 10-year-old chose the latter and now intends to allocate $ 1.000 of the profits to reinvest, this time in the share of online gaming company Roblox.

As for the rest, they will go to his piggy bank. His mom admitted that she wished he had bought some GameStop shares for her in 2019. "I will let him rejoice in his victory"…

Source: Newsbeast.gr