• Raising Riches
  • Posts
  • 15 Year-Old Makes $16k a Week Trading Stocks 😲

15 Year-Old Makes $16k a Week Trading Stocks 😲

Imagine being 15, sitting in the back of class, not to goof off, but so your teacher doesn’t catch you trading the stock market… 🚀🚀

That’s the story I stumbled on this week.

It’s an inspiring watch, check it out on Youtube here.

From Classroom to Trading Floor

This kid once turned a cool $750 into a whopping $8,000 in just one week! 😱 

He said he usually finds time to trade during his 1 hour free-time at school, and once had a teacher copy a winning trade when he posted it to Twitter.

Does that mean he gets special treatment? Nope.

If he’s caught using his phone in class his teachers still take it. Which is a lesson for us as parents, and something PB’s parents have done well.

Parents, Here's Our Takeaway

PB Investing's journey isn't just about the glitz and glamor of trading. Or that a 15 year-old (he actually started when he was 12) can make more in a week than most adults make in a month.

It’s that many parents, myself included, will sometimes suppress what is really possible for our children with good intentions. We do it with this belief that kids are ‘supposed’ to do certain activities: study, sports, games, school dances, learn instruments… you get the idea.

Before he started trading PB tried to launch a dropshipping business, which is a form of e-commerce, when he was 14.

His parents didn’t force it on him, but created an environment where he was curious about financial improvement. They let him choose what kids ‘should be interested in’ - if that was starting a business - that was okay.

But they also kept rules as parents..

Straight A's & Stock Plays

PB’s parents have a rule: No A’s, No Trades. 

They still expect him to focus on his education and be active in school.

They also were very smart when he started trying to trade: they found him a mentor.

Not being trader’s themselves, they wanted to encourage his hobby, but knew he could lose money. They found a family friend who could give him some starting advice.

I know quite a few parents who could benefit from doing the same when we try something new! Get a mentor, save yourself as many mistakes as you can.

The Plus Side to Social Media

A little lost in PB’s amazing journey as a young trader is where he learned about it: Tiktok.

He also heard about his first business idea there too, which raises an interesting point. Most parents think about shielding their kids from social media (for good reason), but don’t discuss the benefits.

PB’s parents didn’t do this intentionally, but they could have. And here’s how you can…

Influence the Influencers Giving Your Kids Ideas

If (or when) your kids decide to be active on social media… along with all the other rules you put in place for healthy use, you can also set them up for success.

Use the algorithm to your advantage by requiring they follow certain hashtags or categories.

This will help shape the kinds of content they’re shown. Like… personal finance, mental health, fitness, self-improvement and so on.

It used to be that we just had to worry about what friends our children would surround themselves with, knowing how impressionable we are at younger ages. But these days, what we follow on social media is the influence. 

Be active in creating their media diet, and if you aren’t doing the same for yourself, you’re missing out!

So, next time your kiddo comes up with a wild idea or a unique passion, remember PB's story. Who knows, you might just be nurturing the next big sensation in whatever field they choose!

Until then!

Rob