"I've already saved $2,200 of it," he said."And the rest of the $1,000 is gonna go to invest in more companies like Microsoft, Roblox and different companies."
The 10-year-old is one of many small investors celebrating their gains, from those who became instant millionaires to people like college student Daniel Lenois, who made $1,100 on GameStop and AMC Theatres stock last week. "That's real money, that's money I could use to pay off my credit card, that I could keep in reserve in my savings account to pay for future semesters," Lenois said on TODAY Monday.
The GameStop phenomenon has lawmakers calling for a more transparent market open to individual investors. "For years, the same hedge funds, private equity firms, and wealthy investors dismayed by the GameStop trades have treated the stock market like their own personal casino while everyone else pays the price," Sen. Elizabeth Warren said in a news release."It's long past time for the SEC and other financial regulators to wake up and do their jobs — and with a new administration and Democrats running Congress, I intend to make sure they do.
Good for him!👏🏿👏🏿👏🏿
Young man, hire me!
IAmSophiaNelson Smart kiddo!
Financial wizard is born
♥️ this story so much!!!
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