Invest in stocks, my friends. Invest in socks, too.. For his birthday, my dad gave my little brother to use to mess around in the stock market... He is 12.... T
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Invest in stocks, my friends

Invest in socks, too.

For his birthday, my dad gave my little
brother to use to mess around in the
stock market... He is 12.... That is almost
000
...
+988
Views: 43664
Favorited: 57
Submitted: 02/21/2014
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Comments(182):

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#7 - tomahawkkit (02/22/2014) [+] (72 replies)
stickied by breastestvillainy
I call bull.

on average it costs 7 dollars per trade, so the initial investment would only be 93 dollars, assuming his dad let him use his account . the average growth of a stock is 9% a year in generous mutual funds. if he invested 93 dollars, using the rule of 72 it would double to $186 in 8 years. he has only been alive 12 years. you could argue that he invested them all into corporate stock at average 11% return rate. but still his money would double in 7 years.

stock grows but it grows exponentially over time. for instance, if you invest 1 dollar into a mutual fund today, you could get back 44 dollars in 44 years assuming no crashes, recessions, buy outs e.c.t. e.c.t. . but if you invest 1 dollar in the market and pull out in 4 years, you get $1.50. there simply isn't enough time to *10 your money in one year. especially when trading fees are close to 10% of your investment

tl;dr op is a faggot
User avatar #53 - xdiabolicx (02/22/2014) [+] (1 reply)
Out of all the things that didn't happen, this didn't happen the most.
#28 - drongus (02/22/2014) [+] (4 replies)
that kid looks like dunk
#6 - tehgaemeh (02/22/2014) [+] (6 replies)
Invested in Disney last year when it was at $66.67, bought fifteen shares.   
Currently at $80.13. Selling next year soon after the new Star Wars film releases.
Invested in Disney last year when it was at $66.67, bought fifteen shares.
Currently at $80.13. Selling next year soon after the new Star Wars film releases.
#69 - anonymous (02/22/2014) [+] (1 reply)
All I see is a picture of a kid in front of some money. He got 100 bucks for his b-day and there are 10,000 on the table. So what? The text doesn't create any connection between the two.
User avatar #75 to #69 - spearpwi ONLINE (02/22/2014) [-]
Context clues indicate that he invested the 100$ and wound up with a fuck ton of cash. You need to go back to school.
#86 - feragon (02/22/2014) [-]
Gonna go with bs on this one because $100 is really not that much if you want to invest, even starting out with $1000 is low, the only way this could happen is if his dad attache the $100 to a portfolio with more money in it, but simply returned the kid's fraction of profit at the end.
-14
#42 - mytwocents has deleted their comment [+] (7 replies)
#46 to #42 - Elemental ONLINE (02/22/2014) [-]
Except the likelihood of winning the lottery as opposed to investing with some sense and making good returns is retarded.
#111 - hahdumbbirch (02/22/2014) [+] (9 replies)
i invested in HTC at the peak, and when it boomed, i pulled out and made a shit ton of money.
i invested in HTC at the peak, and when it boomed, i pulled out and made a shit ton of money.
#122 to #121 - drakenumen (02/22/2014) [-]
and i mean bear chest, not bare cest
-12
#61 - redtailll has deleted their comment [+] (2 replies)
#87 to #61 - anonymous (02/22/2014) [-]
I'm gonna go with things that never happened for 200.
#118 - anonymous (02/22/2014) [+] (1 reply)
No body realizes that you have to be 18 to invest. This story would therefore be either used as evidence that the child possessed the 100 dollars not the father if they used a stock broker. OR it's just completely bullshit...



going with that second option.
#113 - ohmygwad (02/22/2014) [+] (1 reply)
BAN THIS FUCKING LITTLE CUNT
#38 - anonymous (02/22/2014) [-]
I'm12andwhatisthis.jpg
User avatar #148 - Ragumshnagum (02/22/2014) [-]
>be big drug dealer
>almost $10,000 by sales
>needs laundering
>have idea
>ask son to pose for picture
>make up story about the stock market
#101 - envinite (02/22/2014) [+] (2 replies)
Okay comment section   
   
Have you ever consider that the post actually says that his brother get $100 and IT'S FEELS LIKE having $10.000? I mean come the fuck on, don't you feel like a billionaire pimp when you get $100 on your 12th birthday?   
   
This has been reposted a lot of times and now OP's title and description ruined the joke.
Okay comment section

Have you ever consider that the post actually says that his brother get $100 and IT'S FEELS LIKE having $10.000? I mean come the fuck on, don't you feel like a billionaire pimp when you get $100 on your 12th birthday?

This has been reposted a lot of times and now OP's title and description ruined the joke.
#103 to #101 - breastestvillainy **User deleted account** (02/22/2014) [-]
You kidding me, dude?
Now this whole thingy mabober probably isn't true, seeing how everyone's getting riled up about how this isn't possible in the stock market. But when it comes to the picture, that kid is sitting over at least $5,000.

The cash rectangle is lined with multiple hundred dollar bills. That's way more than $100.
#96 - albusthedog (02/22/2014) [-]
Comment Picture
User avatar #85 - pulluspardus (02/22/2014) [+] (2 replies)
Stock market is really easy if you invest in things that you know most about , to me its technology , for example invested in SNE (Sony) since their stock is so so low at the moment but they released PS4 and its going to get super popular by the end of their next financial year , and they're getting more popular with their phones

also there is Oculus Rift , which is as soon as the company goes public and allows their stock to be bought its a sure bet to win with it.

I invested in 100 just last month and now its 200%, and its going to keep going till next year, don't be afraid of spending on stocks! just don't buy stocks of things you don't know much about and instead focus on things you know more about
User avatar #65 - Loppytaffy (02/22/2014) [+] (1 reply)
Is he Seto Kaiba?
User avatar #64 - honkan (02/22/2014) [+] (9 replies)
Can some one explain to me what the content actully says? I mean, I know what stocks are, but I don't understand what it means? He got 100$ for his 12th birthday? And now it's almost 10,000$? The kid still looks twelve.
User avatar #68 to #67 - blasthardcheese (02/22/2014) [-]
The kid got $100, invested it in the stock market and made $10000.
0
#83 - slimeywaffles has deleted their comment [-]
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