Money-savvy teen who bought stocks aged 14 and now drives a Tesla offers her ... trends now
A high school junior is encouraging others to invest after earning nearly six figures from buying and selling stocks like Amazon and Tesla.
Sophia Castiblanco, now 17, began making her own money through social media at just 14 years old, mostly through producing lifestyle content.
Now she's eager to share investing tips after her own success.
'I've always kind of had a business mindset of wanting to make money, and I'm very okay with taking risk,' Castiblanco told FOX Business' 'The Big Money Show.'
Upon noticing her drive, the teen's parents provided her with the funds to start investing.
They encouraged her to put money into Vanguard and Berkshire Hathaway stocks to begin building long-term wealth.
Sophia Castiblanco, 17, began earning money through social media at just 14 years old and began investing shortly after
The teen claims to have earned close to six figures through her multiple revenue streams including investments in stocks like Tesla and Amazon
She boasts nearly 400,000 followers on TikTok and rakes in the majority of her income through brand deals and ad revenue
The teen also opted to purchase stock in a few of her favorite companies: Tesla, Apple and Amazon.
Castiblanco eventually saw nearly six figures in returns, enough to buy her own Tesla.
And she believes other teens can do it too. When it comes to the right age to invest, Castiblanco asserts 'there's no minimum age to start.'
'I think it's important to realize that even if you just invest like $20 a month, or I mean a super small amount, you can still grow that over time,' she said.
However, Castiblanco advises teens to open custodial accounts under a parent's name, and for good reason: trading platforms like Robinhood require users to be at least 18 years of age.
She touts the platform as an option for young investors in one of her TikTok videos.
'Don't worry, you don't need to be an expert,' she says in the clip, which was posted earlier this year and has racked up nearly half a million views.
In the video, she urges her peers to 'keep learning and stay updated,' holding up a copy of Robert Kiyosaki's 'Rich Dad's Guide to Investing.'
'Just start small and do your research and remember that if I can do it, so can you,' she says.
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