Tom Rairdon, a 75-year-old retiree, found excitement and profit in day trading meme stocks after feeling bored in retirement. Despite high volatility, Rairdon has seen an 82% increase in his portfolio over three years, with $19,000 in unrealized gains this year alone, providing extra spending money and fulfillment.

Dedicating two to three hours daily to research and trading, Rairdon focuses on high-volatility and AI-related stocks, technical analysis, and timely exits. He views trading as a part-time job, enjoying the flexibility it provides for other activities. Rairdon acknowledges the risks involved but finds the process enjoyable and stimulating.

Encouraging caution, Rairdon suggests thorough research before starting day trading. His story reflects a growing trend of retirees turning to day trading to combat boredom and increase income. With the accessibility of trading platforms and the allure of meme stocks, more retirees are finding success through careful strategy and risk management in day trading.

Read more at Yahoo Finance: Baby Boomer Turned Meme Stock Trading Into a Thrilling Hobby, Calling It ‘Absolutely’ Gambling