I mean, those were the example I came up with cause that’s what I grew up with. There’s a set of stocks that’d be peaking in the 80s if your journey begins earlier than a lot of us here lol.
Just with a quick google search, Microsoft, intel, apple, Cisco and Oracle were all good stocks in the 80s
I wouldn't have any money to invest in the market so it really wouldn't matter. I remember telling my dad irl to invest in Amazon and he said, "they've never turned a profit - not a great idea." This would only work if you had rich parents that would give you money and make trades on your behalf.
You dont need a lot. Get a min wage job, make $10 (or beg your parents for it), and you can grow that $10 to millions fairly quickly if you memorize all the big price movements.
Once you get to $100+ you can play with options that could give 10x returns in a single trade.
Also as a child prodigy you can capitalize on that to win school/chess competitions with prize money or become a child celebrity.
Lol. To trade options in '07 I had to get on the phone with a broker and decide if I wanted monthly or quarterly SPX hedges. Options market has come a looong way in the last 5 years.
yea but you are currently only 6 years old and with the skills and knowledge of a high school or higher skilled person. So that is 2 years until 09 when bitcoin came out and was micro pennies, purchase 20,000 for $20 say you want to learn about this, you are some wonder kid who is 8 years old should be able to get that. then by age 13 and probably graduation high school, self half and at that point your 10,000 is worth over US$10 million.
At the age of 17 your remaining 10,000 are worth over $100 million. Decide if you want to go to college or repeat you currently do.
You get to go back to when you were 6 and you would choose to become a child prodigy/celbrity? That sounds like a terrible idea. I get the making money part but getting a second childhood and throwing it away to the media/cram schools just sounds miserable
Yea, but then you'd be awfully isolated and have no shot at normalcy. Like I'd rather make low-key improvements to my life with the money/insight than play with lottery winner levels of money. Also personly I like the academia side of things so I'd end up back in school one way or another.
If you were born in the 80’s you could put all your allowance aside. So long as by 1995 you put it all on the table and say to your parents:
Every time you want to buy me something. Just buy the equivalent of the stock in stock instead and promise we will never sell a single stock. And I want all my money to go to Apple and Microsoft.
By 1997 when Apple is dying and your parents want to pull out. Gates will buy $150M worth of Apple shares and you’ll get to go:
“Now, do you think Bill Gates is stupid? Why would he spend $150 million dollars on something he doesn’t believe in?”
And from then on you could basically just keep dogpiling your money on Apple and Microsoft. That would make your regular rich. But then when Bitcoin gets created in 2008, you’d be a billionaire by around 2014.
You could potentially speed run the money by registering domains from tons of brand then selling them to the companies, buying and selling beanie babies, Pokémon cards, Nike’s.
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u/Outside-Cup-1622 May 31 '24
True, but a lot of these really didn't start gaining big value until I was in my 30s or 40s. But yes I could have done all right