10-Year-Old Fifth-Grade Makes Over $3k Off GameStop Stock

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Encourage kids to start investing young. It worked out for Jaydyn Carr, a fifth-grader in Texas who raked in some nice cash during the recent stock market surge, according to the San Antonio Express-News.

Two years ago, Jaydyn’s mother, Nina Carr, gifted him 10 GameStop shares worth $6 apiece as a Kwanza gift.

This week, Jaydyn sold his shares for just under $3,200 as the GameStop stock surged thanks to a group of Redditors who have taken on Wall Street with “meme stocks.”

That’s a much better return than a new video game.

The 10-year-old plans to invest $1,000 of his earnings while putting the rest in his savings account.

Well done, kid.

Let’s hope that the rest of the people dumping their hard-earned cash into the stock market during the recent surge have similar luck.

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