16-Year-Old Actress Turns Into Stock Day Trader
Rachel Fox isn’t an ordinary 16-year-old. She's already graduated from High School and has been a working Hollywood actress for years, appearing in shows like Desperate Housewives as evil Kayla Scavo and in the film Dream House with Daniel Craig and Naomi Watts. When she’s not on set she can often be found on stage, singing and playing guitar in an indie rock band.
That would be a packed schedule for most of us, but Rachel has another activity that’s a real passion. For the last year-and-a-half she’s been actively day-trading stocks with her own money. She says she's been racking up stellar returns, claiming a 30.4% gain in 2012, versus the benchmark S&P 500 which gained 13% for last year.While she’s doing it all, she’s also helping teach people about investing via her website FoxOnStocks.com. On the site she updates her thoughts on the markets and posts videos for those new to the game; teaching them how to do the basics like finding quotes and understanding what a stock option is. For now, the blog is just for fun, she has no plans to monetize; just teach others how to invest, the way her Mom taught her.
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