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
x
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Comments(183):

[ 183 comments ]
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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
#28 - drongus (02/22/2014) [-]
that kid looks like dunk
User avatar #107 to #28 - sasha (02/22/2014) [-]
Have you seen dunkeys website?
He actually did I nice job!
videodonkey.com/
#110 to #28 - ZombieSquirrel (02/22/2014) [-]
The funniest youtube personality there's ever been, imo.
User avatar #37 to #28 - jaggedherp ONLINE (02/22/2014) [-]
Ya got butts?
User avatar #53 - xdiabolicx (02/22/2014) [-]
Out of all the things that didn't happen, this didn't happen the most.
-2
#79 to #53 - grumpf has deleted their comment [-]
#6 - tehgaemeh (02/22/2014) [-]
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.
User avatar #88 to #6 - thatguyblaze (02/22/2014) [-]
and then someone shoots up the theaters
#18 to #6 - narflarg (02/22/2014) [-]
YFW the disney star wars kick serious ass
YFW the disney star wars kick serious ass
#22 to #18 - tehgaemeh (02/22/2014) [-]
No, that's what I'm doing. Disney stock went up a good $15 a share after they bought the rights to Star Wars, which is what I figured was from them getting income from the mass amounts of merchandise from the series.   
So, I figure, an assload of people are going to probably see that movie, because it's Star Wars. Not to mention the merchandise that'll be made about the movie itself.
No, that's what I'm doing. Disney stock went up a good $15 a share after they bought the rights to Star Wars, which is what I figured was from them getting income from the mass amounts of merchandise from the series.
So, I figure, an assload of people are going to probably see that movie, because it's Star Wars. Not to mention the merchandise that'll be made about the movie itself.
#23 to #22 - narflarg (02/22/2014) [-]
I see what you're saying, but since im a reckless **** id wait until i'm certain it is about to fall then sell. And in the process sell it at an abysmal time.
#25 to #23 - tehgaemeh (02/22/2014) [-]
Which is why I'm watching it like it's a three-year-old with an atomic detonator.
+5
#128 to #6 - defenitely **User deleted account** has deleted their comment [-]
#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.
#118 - anon (02/22/2014) [-]
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 ******** ...



going with that second option.
#156 to #118 - stalini (02/22/2014) [-]
Father could just register an account with his name and let the child "play" with it
#113 - ohmygwad (02/22/2014) [-]
BAN THIS ******* LITTLE CUNT
User avatar #163 to #113 - wherestheredbullat (02/22/2014) [-]
I've been gone for a couple of weeks, what's with the anti-Jonny Test propaganda?
#38 - anon (02/22/2014) [-]
I'm12andwhatisthis.jpg
User avatar #148 - Ragumshnagum ONLINE (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
#96 - albusthedog (02/22/2014) [-]
Comment Picture
User avatar #85 - pulluspardus (02/22/2014) [-]
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 #161 to #85 - BIGJAKE (02/22/2014) [-]
I recently heard that Sony is going to end their line of personal computers. You probably know more about it than I, just wondering how you think that will affect your investment.
User avatar #182 to #161 - pulluspardus (02/23/2014) [-]
Its unclear at the moment what they want to do, either sell their computer factories and keep the "Vaio" brand , or sell the brand and just never make computers again, i think they would lose a lot of market if they did that, but they can focus on their tablets and phones, or maybe create laptops under the Xperia brand like they did with Tablets.
User avatar #65 - Loppytaffy (02/22/2014) [-]
Is he Seto Kaiba?
#81 to #65 - amuzen ONLINE (02/22/2014) [-]
He is now.
User avatar #64 - honkan (02/22/2014) [-]
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 #66 to #64 - crowd ONLINE (02/22/2014) [-]
This ************ knows how to invest.
And he is one lucky bastard
User avatar #67 to #66 - honkan (02/22/2014) [-]
That.. that does not explain anything. Perhaps I phrased my question poorly. Could you give me a timeline of the events or something? I really can't understand what the content is trying to say. I get that he made a lot of money on the stock market. That the only part I got.
User avatar #68 to #67 - blasthardcheese (02/22/2014) [-]
The kid got $100, invested it in the stock market and made $10000.
User avatar #70 to #68 - honkan (02/22/2014) [-]
I understand that it's probably so obvious to you that you can't even understand what I'm confused about. I just don't understand it.

He got 100$ for his birthday. Okay, so for his 12th birthday then?
He's 12. So he's still twelve? What? Was it an earlier birthday then? This makes no sense to me.
That is almost 10,000$. The money lying on the table I guess? Which he made from the 100$ he got for his birthday. What birthday? The only way I can read that is that he got 100$ for his 12th birthday. If the content somehow meant an earlier birthday I can not understand why it would be phrased like that.
User avatar #73 to #70 - funnymidget ONLINE (02/22/2014) [-]
Lets say his birthday was last May, he turned 12, got 100 dollars and invested in the stock market. NOW he has 10,000 bucks, but he is still 12. Better?
User avatar #76 to #73 - honkan (02/22/2014) [-]
Yeah thanks. That's some crazy fast growth. I'm gonna use that as my excuse for why I didn't think of that. Instead of, you know, the fact that I'm completely ******* retarded. **** you brain. You're supposed to figure out this kinda stuff!
#82 to #70 - amuzen ONLINE (02/22/2014) [-]
He's pointing out that he's twelve with almost 10 thousand dollars because at some undetermined point in his life he received 100 dollars as a birthday gift that was invested in stocks. when he's saying he got 100 dollars for his birthday it's mentioning his birthday to add context for why he got the 100 dollars to begin with not to tell you when he got the 100 dollars.

When he got the 100 dollars is not mentioned and is otherwise unrelated.

It's entirely possible he got the 100 dollars for his eighth or ninth birthday and it is now 10,000 dollars. Given the exact wording of the story combined with the picture it's even possible that he got 100 dollars for lets say his 7th birthday, then when he was 10 they took this picture of him with 10,000 dollars, and now he is 12.

It doesn't really matter though because the morale of the story is just that this kid was super fortunate and got an obscene amount of money at a ridiculously young age due to a fortunate twist of fate.
#74 to #70 - monkeyheadbsc (02/22/2014) [-]
From what you have written, your confusion is, that he had gotten the money on his 12th birthday and is said to be 12?

So he is born on, like, 01.07.2001 (or whatever date system you use... first of july I mean). So he got the 100$ on 01.07.2013 (his 12th birthday) and now (while still 12) has 10k$. So he has had half a year to get that money.
That can be achieved by gaining 20% every week (100$*1,2^25 = 9.500$).

So this is very improbable, but otherwise it wouldn't be reportable... Stock market is gambling, so sometimes there's a winner.
User avatar #71 to #70 - blasthardcheese (02/22/2014) [-]
Yes, he got $100 on his 12th birthday. He is still 12. He made the $10000 on his birthday. The money he made is sitting on the table.
User avatar #51 - listerthepessimist (02/22/2014) [-]
I don't see his yamaka tho
#69 - anon (02/22/2014) [-]
All I see is a picture of a kid in front of some money. He got 100 bucks for his b-day and there are 10,000 on the table. So what? The text doesn't create any connection between the two.
User avatar #75 to #69 - spearpwi (02/22/2014) [-]
Context clues indicate that he invested the 100$ and wound up with a **** ton of cash. You need to go back to school.
#101 - envinite (02/22/2014) [-]
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 			****		 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 **** 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.
#115 to #103 - envinite (02/22/2014) [-]
I thought it was 1 bucksies. I'm sorry I don't recognize it   
   
But then again, if 12 year old could make 10 grands bucks on stock market, the story must be pretty popular in the internet, not just some captioned pics of him.   
   
And I have seen that pic here a lot of times before, and everybody think the same way with me.
I thought it was 1 bucksies. I'm sorry I don't recognize it

But then again, if 12 year old could make 10 grands bucks on stock market, the story must be pretty popular in the internet, not just some captioned pics of him.

And I have seen that pic here a lot of times before, and everybody think the same way with me.
-12
#61 - redtailll has deleted their comment [-]
#87 to #61 - anon (02/22/2014) [-]
I'm gonna go with things that never happened for 200.
-14
#42 - mytwocents has deleted their comment [-]
#43 to #42 - lip (02/22/2014) [-]
You clearly formulated this opinion of yours on factual evidence.

You must know everything about stocks.
Warren Buffet? Crackpot who would have made more buying scratchers.
The upward trend of the stock market? Dividends? Pfft you have a better chance of returns winning the lottery.
+1
#54 to #43 - mytwocents has deleted their comment [-]
User avatar #176 to #54 - lip (02/22/2014) [-]
Stock Market crashes are one of the best reasons why stocks are profitable. If you buy when a crash is pretty bad your returns end up being pretty high.
User avatar #185 to #43 - factual ONLINE (02/25/2014) [-]
It's a fact
#46 to #42 - Elemental (02/22/2014) [-]
Except the likelihood of winning the lottery as opposed to investing with some sense and making good returns is retarded.
#159 to #46 - anon (02/22/2014) [-]
The only way to make this much money is such a short amount of time is investing in penny stocks. Penny stocks are hardly any less of a gamble than the lottery.
0
#56 to #46 - mytwocents has deleted their comment [-]
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