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Teen Actress Turned Stock Trader

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  • Description

    16-year-old actress Rachel Fox on how she began investing at such a young age.

  • Duration 4:20
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That's important info from my next guest she's best known for her numerous TV -- movie roles from Desperate Housewives to the Daniel Craig film dream house.

But when she's not in front of a camera her favorite hobby is trading stocks and oh by the way she's sixteen years old.

Joining me now -- and stock trader Rachel fox thanks for coming on the show tonight really appreciate it.

I think you for having me are so high just got to go to the bottom line here right away.

Big kids apparently you should be a hedge fund manager because last year and 830%.

In stocks while the S&P only made 13%.

So how do you do that.

I just traded followed my instinct you know I get a lot of short selling so I guess you know I really should be a hedge fund manager that I -- short -- and really -- it predicting when they gonna -- down.

Just spotted in -- Found some good stocks and and founder really get nation and how might change.

Well what my producer chilly start the morning by reading the papers and reading and on the business news and you take off -- there is that right.

Yes I study out of finance dot com and we what's going on in and I just take it day as you know and I -- -- it's -- they're down -- what's going on in the news in August.

-- -- -- -- -- -- I love it okay.

Started I mean why do you interest in this in the first -- -- seems to -- that you should be like reading Shakespeare in a closet somewhere but not.

I you know it's -- greatest thing.

I AM on the whenever when I found out that I could make money with the -- clicks of a button.

I was like I'm my gosh -- so -- yet that -- -- -- my parents there -- they you know they explained the markets in the at a very young age I was like eight years old.

When my mom started explaining to me about Y and ZE is -- to begin to -- -- you know really basic investments and I and then she she doesn't explain to me as they -- -- about gage Peterson and how the market doesn't really work how -- how -- -- people who can capitalize off of stocks quick quick price movements that they can just make quick money and I think that's sounds like.

So people -- and in some people can Rachel -- -- we always work.

I now I.

I just heard and I did know something and I didn't I just knew I think I think I can indeed essence so I I start data on making the list of stocks that you look what they actually let me be taken -- -- and my parents like well.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- And you know I think over time they.

-- I can do it now I know our viewers at home are wondering how can I find out more about what Rachel fox -- trading.

You have a column -- you have a website called fox.

On stocks which is -- yes hello it's not can't tell us about that -- -- -- want her we tell people we talk about.

Well there's a couple different add parents you know let's say and you know overall it's it's it's a blog that I write about what is happening in the market data de wet you know what I see what I'm -- when in dealing.

And it's it's good if there isn't teaching question I have associated media is on my prisoners released just a few weeks ago about how to read -- went on your iPhone.

And I -- that was really really good.

Our staff that really yeah my advice saying hey Mimi you know they learn any game is very important and so it -- -- -- doing man on -- I really I wanna do my parents didn't.

Mean I want antique.

The stock my intake all of the confusing terms of what the Dow Jones Industrial Average is -- antibodies -- simplify it for people in train teach and feed in the information today in this guy who I want -- -- -- money I want -- -- my money.

Doesn't have you know and the ability to go out and make their money well that's what I want I wow -- again.

What you know rich like -- tell -- swimming against the tide because a lot of individual investors are scared of stocks and you were very very brave and we appreciate your coming on tonight great.

Great conversation.

And I we should -- people appear block have a they get your.

Block.

Just go to fox on -- dot com and you can also follow me out on twit or -- -- on stocks and its mead I'm always tween.

What's going on in the -- get things about my blog.

-- -- -- -- -- Anything you wanna -- -- Rachel fox thank you so much.

Think you -- that's --

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