It all started for me around 30 years ago. I went to a seminar about the share market and I thought to myself, “It’s about time I took control.” I was flying high as a national manager for a large multinational company. I started to trade alongside my job and then the unexpected happened: I lost the use of my arms through an unexplained tendon condition.
Even simple tasks such as opening doors were a painful daily struggle. I had to quit my terrific job and told my accountant that I was going to trade full-time.
He laughed in my face and told me that barely anyone makes it as a full-time trader. I got angry ... really angry. And then I learned how to type with a pen in my mouth. It opened up a whole new world for me. I could trade shares online and email my friends. It meant freedom.
I’ve regained the use of my arms and set up a podcast and a mentor program with my business partner to teach other people how to trade the markets.
Trading and investing is where you buy and sell stocks and aim to make money on price changes. This can be over a longer term, where investors buy stocks and wait for the prices to go up. Or you can make money following the short-term trends.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
An outrageous, beautiful monopoly
Telstra's mobile business is a cash machine with few competitors, giving it the highest returns in the world.
Drop the anchor to judge value
Buying and selling decisions should be based on where a stock price is going, not where it has been.
Powering the AI boom
Beyond the software and chipmakers, where will the energy come from?
Get into life
Tucked inside super are products that can protect you from life's inevitable uncertainties.
Paths to home ownership
Taking the road less travelled can sometimes deliver unexpected benefits.
Sold! Quick ways to add value
Small, strategic changes can have a big impact on the look and feel of your home. And get you a better price on auction day.
Money lessons the kids need to know
Your children can learn a lot from your past money mishaps. Here are eight financial conversations I have had with mine.
Property-investing rules: are they likely to change?
The pressure for the government to curb the tax benefits of tax concessions, such as negative gearing and the capital gains tax discount, is unrelenting. Most recently, independent senators David Pocock and Jacqui Lambie proposed five options for paring back investment property tax concessions, with savings to the Federal budget of up to $60 billion over the next decade.
What's love got to do with it?
A rollercoaster of emotions could be driving poor crypto behaviour.
Are we ready to be cash-free?
Saying goodbye to our piggy banks too soon could leave small businesses in the dark when problems arise.