Popular Twitch streamer Amouranth shows how she’s planning her retirement from being an ‘e-girl’ with another stock investment.
Popular Tic Streamer Kaitlyn “Amouranth” Siragusa is no stranger to investing in the stock market as a way to start seeding her retirement from being what she calls an “e-girl.” Although Amouranth has already made several investments, her latest stands out because it does not appear, on the face of it, to be related to the companies she has purchased a stake with in the past.
While Siragusa has been popping her name on Twitch and other streaming platforms, she has made no secret of the fact that she would like to retire in the near future. The streamer even opened up about her retirement plans at one point, saying she wants to retire once her “passive income” exceeds her active income. In other words, she’s going to give up being an “e-girl” when her investments start making more money than she can make streaming. It’s not really a surprise that she wants to leave a place like Twitch, considering how often she’s had to fight to get banned. The question now is whether his latest investment will help him achieve his goals much faster.
Amouranth announced her latest purchase on Twitter, saying she bought $338,000 worth of S&P Global stock. While some of his other stock purchases seemed to fit his profession as a streamer on a video game-centric platform, such as his $2 million investment in Activision, the S&P Global purchase is a bit different. For starters, an investment in a company like Activision may seem like a shorter-term deal to drop once the furor surrounding the company subsides. An investment in S&P Global is likely to be much less volatile and more long-term oriented.
The Twitch streamer made it clear that she understood this particular investment was “safe” more than it was profitable from the get-go. In the tweet announcing the purchase, she added that it was “pretty much the safest business.” She also included part of a Wikipedia entry explaining exactly what S&P Global does.
Unlike Amouranth’s investment in a company that makes pool toys, S&P Global doesn’t technically make anything. Instead, the company is a financial information and research company that actually helps determine the credit ratings of other companies as well as entire countries. Because of this type of involvement in the stock market, it is not a company that is going to see its price go up or down very quickly, but rather something that remains fairly stable over the years.
Like Amouranth’s investment in Google, this particular move seems to be about both planning for retirement in the present and owning a sizable portfolio down the road. It will be interesting to see what the Twitch streamer decides to invest in next.
MORE: What does the name Amouranth mean?
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