Jesuit teen show peers how to invest
By Jessica Laskey
Winter break this year was atypical for many students due to the pandemic. But Jesuit High School junior Kaden Bishop’s break was even more unusual. He spent it developing a stock investment training platform.
The 17-year-old Rocklin resident has always had a “business-oriented mind.” He once created a snack cart for office workers. He sold shoes and clothes. Now, he’s teaching fellow teens how to invest in the stock market.
“Years ago, I took all (my savings) from an account and started investing in stocks,” Bishop says. “It went really well, so I started trying to learn as much as possible about the market. When COVID hit, I had a lot of time on my hands, so I was doing trading every morning and studying the market and I realized, if I’m doing this research, I might as well help my friends out, so I started a group chat in June.”
Bishop soon realized the more people who joined the group, the better. He put out a call on Facebook to encourage other investment-minded teens to share their tips and tricks. The group has 67 members, ages 14 to 19, from 21 schools, including six colleges, in five states and two countries. The group’s portfolio tops $1.17 million.
“I enjoy investing, but really I enjoy helping as many teens as possible,” says Bishop, who has named his new venture All Things Financial. “Some kids are curious but they don’t know where to start, so we’re streamlining it and giving them everything they need to give it a shot. It doesn’t matter if you’ve been (investing) for five years or if you’re brand new. Reach out and we can get you going.”
While only in his junior year at Jesuit, Bishop has known from a young age he doesn’t want to work a “regular job.” Instead, he hopes to use his business acumen to support himself through various “side hustles,” including investments. He plans to study international business with a minor in Mandarin in college.
He’s working on expanding All Things Financial from a platform for sharing stock market advice into one where young people can learn various ways to earn money and grow their own businesses. He used his winter break to focus on branding All Things Financial—he will launch a website soon—so he can concentrate on schoolwork when the semester starts up.
“When I get texts from people telling me how well they’re doing, it feels great to know I’m helping others by putting my mind toward something I’m passionate about,” Bishop says. “It’s all about giving kids a head start.”
Jessica Laskey can be reached at email@example.com. Follow us on Facebook, Twitter and Instagram: @insidesacramento.