Lessons From Dad: How This Investor Learned to Trade

Credit: The Street
Published on June 14, 2019 - Duration: 01:30s

Lessons From Dad: How This Investor Learned to Trade

Happy Father's Day!

Real Money contributor Stephen "Sarge" Guilfoyle, a former NYSE trader, explains how his dad helped him learn how to invest.

"My Dad, he's, you know, he was a trader himself.

He's still is actually pushing...actually I'm not going to say how old he is.

He wouldn't like that if he's watching, but he's older than I am and he's still a trader.

He opened my first retail trading account for me when I was 13 years old.

I've been trading my own books since I was 13...I did learn a few things along the way.

My Dad taught me the simple things like the basic fundamentals, how to monkey around a balance sheet a little bit.

PE ratios, what they mean, how to follow earnings," said Guilfoyle.

Be sure to tweet @thestreet and tell us how your dad helped you become the investor you are today!

Related.

Jim Cramer's Advice For Setting Up A Portfolio For Your Grandchildren Watch: How Trading on the NYSE Floor Has Changed, According to Sarge

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