16 Year Old Actress Day Trades on the Side

Hopefully she isn't using all of her acting money to do something like this.

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.

That is not a bad gain but lets see how she trades in a down market. In any case if she has discipline and uses like 20% of her invested capital to day trade then it shouldn't be a problem. If she is using all of her acting money to chase stocks up and down day to day then she is a fool.