I am a millennial, an investor and an engineer. Aged 26, I currently manage my investment portfolio that has grown to be worth way past 5 figures and I have also discovered the various ways to generate monthly cash flow through investing.
However, it wasn't always this way. I was first exposed to investing at the age of 13 when I read the book “Rich Dad Poor Dad.” Since then I always appreciated the importance of investing as a means to achieve financial freedom. It taught me that the old saying of “study hard, get good grades, get a safe secure job” doesn’t work anymore. I continued to read and study about investing, participated in competitions during my college days and attended many seminars and symposiums about investing.
Yet, when I graduated from college, I struggled to save enough money to invest. I had no idea where my money went at the end of each month even though I had not splurged on anything. With great difficulty, I managed to save my first $1000. In spite of that and all those years spent studying investing, I was afraid and confused. I kept going to seminar after seminar hoping to get some “stock tips” from others so that I can make a profitable investment. After piecing together information and “stock tips” from several different sources, I invested my first $1000 that I almost never had and spent the next 4 years watching it decline 90%.
Feeling dejected, I continued to learn as much as I can and spent $6,000 on training programs to become a better investor hoping that the training and knowledge will make me a profitable investor. In spite of spending the money, some of the strategies didn’t work for me. Yet, I kept trying every strategy I could, read as many articles as I could find and sometimes spent 20 hours a week attending events and seminars hoping that somewhere I would find the secret to investing. As if that wasn’t enough, I scoured the whole of Youtube for ideas on how to invest successfully.
Then one day, as though a tipping point had been reached, it all started made sense. I unpacked everything I had learned over almost a decade and distilled it down into a simple and easy to understand theory about what investing is all about and how it works. I used this blueprint to generate almost a 50% return in 7 months and one of my stock tripled in that same time period. Today, my portfolio is way past 5 figures and having enough money to invest is the least of my worries.Since then, several family and friends have asked me how they too can get started investing. I started off by coaching my cousin who used the knowledge to pick a stock that generated a 60% return in 4 months.
Then one day, I met Chris and Imran who made me realise that I could help a whole lot more people with this knowledge so I decided to design a program to help other millennials like me and my cousin to start investing and grow their wealth.
Some research and authors claim that due to the 2008 global financial crisis, millennials have a comparable mindset to those who survived the great depression and that they are wary of investing. My vision is to demystify investing for my generation and help at least a 1,000 millennials to start investing profitably.