Bill Falvey is scooping ice cream on a busy Friday night at a Baskin-Robbins store in Arlington.
The 16-year-old reminds a forgetful customer to take his change, and dispenses some free financial advice.
“Hey, you could be a millionaire by now if you had invested all your spare change in Microsoft a few years ago.”Bill has a head start on some of his peers. He has a portfolio of a half-dozen stocks that he owns and trades. He studies up on the companies and makes the purchases through an on-line trading account his parents set up. Most of his stocks are rising in value, which makes Bill happy.
“I started with Microsoft and Coca-Cola,” says the Arlington resident and Yorktown High School student, who adds that he got interested in the stock market because he kept hearing about people raking in money.
“The stock market has been flying out the roof, and I decided to get on the bandwagon,” he says.
Let’s play Wall Street
Parents have a role
Saving and investing