You have to admit, this is COOL! What I love must about this story is the mother challenging her son to learn. This led to him doing research which led to him investing at an early age. To be 15 years old and worth $50,000 is pretty cool if you ask me. What would be even cooler is if we all challenged our children the way this parent challenged hers. What you should take out of this success story is that you don’t need a lot of money or be a certain age to get started with investing. As you will see in the video, the young man decided to educate himself. This is what led him to making smart investing decisions. So the moral of the story is that if educate yourself, you can start investing for yourself as well. Poor people make money to survive, rich people make money to buy assets that make more money.
What did he say check for
Before he buys any stock, he looks for certain ratios. First, he said he looks for the P/E (Price to Earnings) Ratio. A valuation ratio of a company’s current share price compared to its per-share earnings.
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