I have been traveling the past couple of weeks performing peer reviews, visiting prospective clients, and now I am at our firm’s retreat to strategize our future. Trying to write a blog that is educational and purposeful can sometimes be a tedious time-consuming task, especially when I am trying to be FRANK AND TO THE POINT. So, once in a while I think I am allowed to write a good-natured, touching post.
I recently came across this article in InvestmentNews by Liz Skinner about a newsletter written by a 10-year-old boy. The child investment prodigy, Oliver Leopold, publishes his investment newsletter once a month (unless he has too much homework), taking time between issues to read the newspaper in search of investment ideas. Using his money from birthday gifts and doing chores for his parents, he has purchased shares of Apple and Microsoft, among other investments. In the article he was quoted as saying, “One thing that inspired me to start the newsletter was when my grandma’s sister said she wanted me to help her invest, I like investing, and I like to give advice.”
Did he say advice? I hope he has the proper licenses to be giving that advice otherwise the SEC and FINRA will be knocking on his door, and I don’t think it will be to say “trick or treat.” Hey kid, welcome to the financial services industry.