"At age 21, three-time quarterly winner in the Jamaica Stock Exchange/All Media Services’ Young Investors Stock Market Competition for 2018 David Rose is doing what most college students are still dreaming of accomplishing.

He is not only investing in the stock market and managing his own investment portfolio, but also funding his way through the University of the West Indies (UWI), Mona, where he is currently pursuing a Bachelor of Science in applied chemistry.

Rose tells JIS News that he earned between 20 and 30 per cent profit in 2018 from selling stocks he owned.

“Last year September, I had a part of my school fee to pay, and I was able to use some of the money I got from selling stocks to pay part of my school fee,” he says.

With this achievement, the young man, who hails from the parish of St Andrew, says he is happy that he acted on the idea of investing in stocks when he was a teenager in sixth form at Jamaica College.

“I always heard about investing, and I was interested, so when I got my first summer job at the Tourism Product Development Company (TPDCo) in July 2016, I opened accounts at JMMB and Sagicor and started investing in stocks,” Rose notes.

“At the time when I just started investing in stocks, I kept my portfolio very small [and] limited to learn and to avoid risks. The first company I bought was Sagicor, and that was at $21.00 [per share]. As of today (June 3), it has closed at $45.00. so 100 per cent capital gain, and that’s before dividends,” he says.

“I also bought Knutsford Express. I had to sell it for an emergency during my second term of sixth form. I’ve bought stocks in the Jamaica Stock Exchange’s ordinary shares, JMMB’s 7.50 per cent Preference Shares, and I owned JMMB Actual Ordinary Shares at one point,” he adds. "

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