Jaydyn Carr, a 10-year-old GameStop investor who lives in the United States and is still quite young, made $3,200 from a $60 feel she bought two years ago. Carr now looks to invest in a digital gaming platform with his income from it.
The stock market manipulation incident, which has been keeping the agenda busy a lot in recent days and end with a group of small investors organizing on Reddit flying GameStop shares, has had many winners as well as losers. Jaydyn Carr, a 10-year-old small investor, is one of them.
Carr, a big game lover, visited GameStop frequently to buy affordable computer games. Noticing her son’s interest in computer games, his mother bought Carr 10 GameStop shares worth $6.19 as a gift and told him he was now part of the company. Anne stated that the main purpose of this gift was to teach her son about the stock market.
Carr will make new investments with the revenue from the GameStop shares it sells:
Nina Carr, the mother who has been tracking the rise in GameStop shares over the past few months, explained the situation to her son after the recent sudden jump and asked him what he wanted to do.
Carr, who decided to sell his valued shares, earned $3,200 from his $60 investment. Carr, which separates some of its revenue, has decided to use its thousand dollars to invest in a digital gaming platform.
Carr explained his investment decision with the words, ‘Long-term investments are important because that’s how I made this money.’ From this statement, we also understand that mother Nina Carr achieved what she intended when buying stock for her son and was able to teach her son something about the stock market.