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My 12 year old told me to buy Roblox Corporation (RBLX)

Posted on 11/17/21 at 4:29 pm
Posted by FLObserver
Jacksonville
Member since Nov 2005
14468 posts
Posted on 11/17/21 at 4:29 pm
a week ago. Looking like he is smarter than me at this investing thing. His first pick looking like a HR so far. He now owns 10 shares. Was trying to get him interested in investing early. Gonna think everything he buys now will just shoot up Anyone else own this? I think they said this maybe one of the metaverse stocks long-term.
This post was edited on 11/17/21 at 4:33 pm
Posted by glorymanutdtiger
Baton Rouge
Member since Jun 2012
3792 posts
Posted on 11/17/21 at 5:00 pm to
I bought rblx during the IPO based on my 6 year old and his friends.

Looks to be good buy so far. I wish I added more
Posted by deltaland
Member since Mar 2011
90629 posts
Posted on 11/17/21 at 5:04 pm to
How does a 12 year old know about any stock?

When I was 12 all I thought about was football and girls

Of course I’m 30 now and still don’t know much on stocks and still mostly think about football and girls.

Hmm
Posted by papz
Austin, TX
Member since Jul 2008
9330 posts
Posted on 11/17/21 at 5:25 pm to
I could own 10 shares and it still wouldn’t cover the amount of robux my kids have spent on it.
Posted by FinleyStreet
Member since Aug 2011
7901 posts
Posted on 11/17/21 at 5:42 pm to
It's been a pretty popular play recently. Not to take away from your kid picking a good one, but if you follow day trading at all it's been a hot one to follow for the past couple of weeks.
Posted by FLObserver
Jacksonville
Member since Nov 2005
14468 posts
Posted on 11/17/21 at 6:07 pm to
Only knew of it as a gaming stock but my son comes in while i'm doing my daily stock thing. We get to talking and says you need to buy it and gives me the 411 on it .On a whim i bought 10 shares and said their yours. I have seen it but would have never bought it without his suggestion. So he's off to a good start for now .Dad may need it to recover from my paypal and SQ purchases over the last few months
This post was edited on 11/17/21 at 6:08 pm
Posted by Great Plains Tiger
Member since Sep 2005
234 posts
Posted on 11/17/21 at 6:53 pm to
Businesses that give children access to their parents credit card generally do well.
Posted by leeman101
Huntsville, AL
Member since Aug 2020
1503 posts
Posted on 11/18/21 at 12:23 pm to
quote:

When I was 12 all I thought about was football and girls


Maybe the kid realizes $$$$ attracts girls.
Posted by MSTiger33
Member since Oct 2007
20384 posts
Posted on 11/18/21 at 1:00 pm to
I wish I would have bought in my own account. I bought at the ipo in my niece and nephew’s inherited IRAs because they love Roblox. They owe me a fee this year.
Posted by Thecoz
Member since Dec 2018
2538 posts
Posted on 11/18/21 at 1:01 pm to
I forced myself to buy a very very little of rblx dash and abnb at a dip after the ipo…
Just to shut myself up with my fomo.

They are up …my other ipo stuff that were suppose to already have future contracts are down :(

At least cumulative I am up :)
Posted by Boh
Baton Rouge
Member since Oct 2009
12357 posts
Posted on 11/18/21 at 1:21 pm to
Same here, each kid owns some shares and they are better than me at picking stocks
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