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To: Stephanie M who wrote (57)2/26/1998 7:47:00 PM
From: Daniel Miller  Respond to of 174
 
Actually my Great aunt was a great investor. She gave my brother some stock (PSE&G) for a present and he learned all about it. He then taught me about how the stocks fluctuate. He didn't give me alot of information though. So I did the first thing that came to mind. I started reading books. The books were too hard to understand though because I was only 8 when I started. So I just started goofing around and choosing stocks out of the NY Times by how much they went down the day before and what their average ammount the stock holds at. Then after picking a few good ones and a few bad ones I decided to start asking my father some questions. Like what makes a stock good, etc... I learnt alot and when I was 9 I tried the books again and started understanding them more. I started picking better stocks. Then I finally got an ETrade account at 10. I never really bought much but just fooled around with it and took advantage of the stock watch. Later on I started dis agreeing with some of the things the books had to say. The books in my opinion are only good for learning the basics then you must discover your own investing style. Mine being penny stocks. Even though many people have frowned upon the idea of investing in pennies, I love it.



To: Stephanie M who wrote (57)2/26/1998 8:57:00 PM
From: Daniel Miller  Respond to of 174
 
How old are your boys? I think when they seem interested in making money it is a good time to explain to them about diffrent ways to handle money, i.e. stocks.