The 12-year-old invested in the stock market and earned about 43% profit in one year

New delhi date. 10 February 2021, Wednesday

Young children usually insist on chocolates or toys, but a 12-year-old boy from South Korea insisted on opening a retail trading account with his mother, persuading his parents to invest Rs 16 lakh in the stock market. This child made an estimated 43% profit in one year.

According to media reports, the baby's name is Kwan Jun. The one from South Korea wants to be Warren Buffett. Quan Jun invested his money in the world's largest companies making mempy chips, he said, adding that he has been focusing on investing for the long term. He has been investing for 10 to 12 years to earn as much as possible.

Quan Jun is not the only child trading at such a young age. During the Corona epidemic, a large number of children, like Quan, began investing at a young age.

"I wonder if a college degree has become more important these days," says Quan's mother. Notably, Kwan's mother has been a major contributor to his success as he was inspired to focus on his passion instead of sending his son to tuition.