*Damon Williams turned his passion for athletic shoes into an stock portfolio worth over $50,000. And get this... he's only 14 years old.
This video is a courtesy of PBS show Money Track. Check out their website at www.moneytrack.org.
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good for him. Hope he stays at it and it able to 1) put himself through college or 2) start a business
Cool story, but we don't know how much money he actually started with or when in fact he even started buying Nike. Obviously he will educate himself over the years and already has a great head start, but I doubt he was investing during the blowup of 2008...
I hate to take away from this story, but his investments were all luck. My dad gave me money to invest when I was 16, and I made a bunch of money but I don't take credit for doing anything special. This kid and me both invested during a bull market.
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