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You are here: Home / Simple IRA / A Colorado Kid Banks Over $1000 Selling Rocks

A Colorado Kid Banks Over $1000 Selling Rocks

May 26, 2021 by Retirement

When I was 11 years old, I was collecting sports cards and other random stuff but…I never had the financial shrewdness to do something like this young man down in Silverton is doing.

According to The Denver Channel, Kendrick Keene is making a killing out of selling polished rocks that he finds, collects, hauls (about 50 pounds worth at a time on his wagon) polishes and paints and sells to tourists near the Durango and Silverton Narrow Gauge Railroad.

 

 

He sells his rocks for a couple hours a day and makes anywhere between $150 to $250 each day.

He’s managed to rack up about $1100 over the past year and talk about being a financial guru…this kid puts one-third in a checking account, one-third in a savings account and one-third in a Roth IRA. (I may need to hire him to be my financial advisor)

 

 

Kendrick has stated that he has a goal of being a millionaire by the age of 30 and if I was a betting man, I’d put my money on this young man.

Kendrick’s dad, Jimmy Keene, says his son stops for ice cream before he makes any bank deposits each day.

I mean with all of this work he’s doing, a simple ice cream reward sounds pretty appropriate…and necessary.

 

Well done Kendrick.

 

10 Highest-Paying Jobs in Colorado

 

 

 

Filed Under: Simple IRA

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