Twitch Streamer Amouranth Details Latest Big Money Investment
Popular Twitch streamer Amouranth is showing off how she’s planning for her retirement from being an ‘e-girl’ with another stock investment.
Popular Twitch 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.” While Amouranth has made several investments before, her latest one stands out because it seems unrelated, at first blush, to the companies she’s purchased a stake with in the past.
While Siragusa made her name appearing on Twitch and other streaming platforms, she’s made no secret about the fact that she’d like to retire in the near future. The streamer has even talked about her plan for retiring at some 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 to generate more money than she can make by streaming. It’s not exactly a surprise just why she’d want to leave a place like Twitch, considering how often she’s had to fight getting banned. The question now is whether her latest investment is going to help her reach her goals that much more quickly.
Amouranth announced her latest purchase on Twitter, saying she’d bought $ 338,000 worth of stock in S&P Global. While some of her other stock purchases seemed to be in line with her profession of being a streamer on a platform that centered around video games, like her $ 2 million investment in Activision, the S&P Global purchase is a bit different. For starters, an investment in a company like Activision might seem like a shorter-term deal to dump once the furor surrounding the company dies down. An investment in S&P Global is one that will likely be far less volatile and geared more towards the long term.
The Twitch streamer made it clear she understood that this particular investment was “safe” more than it was a big moneymaker right off the bat. In the tweet announcing the purchase, she added that it was “pretty much the safest biz around.” She also included part of a Wikipedia entry explaining just what S&P Global does.
Unlike Amouranth’s investment in a company that makes pool toys, S&P Global does not technically make anything. Instead, the company is a financial information and research firm 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’s not a firm that is going to see its price go up or down very quickly but will instead be something that stays quite steady over the years.
Like Amouranth’s investment in Google, this particular move seems to be both about planning for retirement in the now and having quite the portfolio later. It will be interesting to see what the Twitch streamer decides to invest in next.
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