Ten-year-old investor makes big bucks on GameStop shares
Jaydyn Carr was a GameStop shareholder long before the buying frenzy that sent share prices skyrocketing, a...
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Jaydyn Carr was a GameStop shareholder long before the buying frenzy that sent share prices skyrocketing, a...
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Jaydyn Carr's mother, Nina, purchased 10 shares of GameStop stock in 2019 for about $60 She gave them to her son as a Kwanzaa present to teach him about investing That lesson in investing definitely paid off when 10-year-old Jaydyn racked up nearly $3,200 from those shares amid the recent GameStop buying frenzy He now has plans to buy other stocks and is looking at Microsoft and Roblox
Jayden Carr received 10 shares of GameStop as a gift for Kwanzaa. Now, those $6 shares are worth over $300 each, giving Jayden over $3000 in profits.
Following Jaydyn's mother, Nina Carr, told CNN that she bought 10 shares of GameStop for about $60 as a Kwanzaa gift for her son in 2019. "We were always there two years ago, just buying different video games," she explained. "I was like, 'I can give him the shares the GameStop and give him something tangible to hold on to and that way he can appreciate it that way.' " RELATED: Jaydyn said he thought the gift was "very cool" — despite wanting an XBox One that year — and his mom taught him to think of the gift as a long-term investment. Nina said that the pair would occasionally check the...