To achieve the life and success we desire, handling our money is a significant part. There are countless possibilities and benefits of reaching financial freedom. Working on our hobbies, spending more time with family, going on an adventure or traveling the world, helping people in need, retiring early and more, are some remarkable things financial independence enables us to obtain.
There are numerous ways we can multiply our money. One of the strategies to grow the fund is by investing. Financial books can encourage us to gain additional information and to become a detailed knowledge about money.
Enter Matt Allen, 25-year-old investor, entrepreneur, guest speaker and one of the leading millennial investors. A firm believer and investor for innovative technology such as blockchain and artificial intelligence, he is one of the early adopters of Bitcoin and cryptocurrency in general. As a visionary, he is working on his investment thesis with the title Vision 2030, which explores the possibilities of how the world will have changed by the year 2030.
Hello Matt, we’re thrilled to have you on our media. Please tell us about you and your business.
Thank you for the invitation, I am happy to be here and to share my expertise with your audience.
I was born and raised in Thomasville, Georgia. Since a young age, I have found my curiosity in business and investing. As I grew up I understood that technology, business, and investing are the three avenues that transform the world and our future. The ultimate goal for anyone is to learn how to make money while they are sleeping.
Trading is a great revenue stream for people, and it helps fund my investment company. Just a recent example is that I turned $1,823 into $37,198 on one stock trade within two weeks.
We are entering an era where everyone is interested in multiple income streams. How does one decide on a business to pursue?
I believe swing trading stocks/options is a great way to develop another income source. It is very important to remember that when you trade stocks, you are using technical analysis. If you are investing in stocks in the long term, fundamental analysis is the way to go.
Name 3 people in the business world who inspire you the most?
Chamath Palihapitiya is the 21st century version of Warren Buffett. He is a billionaire investor at the young age of 41, and he invests in companies that he thinks are going to change the world. Elon Musk is one of my favorite people of all time, he will go down as the Nikola Tesla/Thomas Edison of our time. His inventor/business skills are second to none.
Warren Buffett/Charlie Munger are the founding partners of Berkshire Hathaway. The investment strategy that they use has worked year after year.
Who is your hero and why?
This is a tough one because Steve Jobs and Kobe Bryant have had an incredible impact on my life. They will leave a lasting legacy, and they will be deeply missed.
What 3 books would you recommend every entrepreneur to read?
If you had to pick a charity to give to, who would it be and why?
I have partnered with a Water Charity to build wells in Africa. These wells are being built, and they will give clean water to communities in Africa. The shirts that I sell, all 100% of the profit is given towards the wells. You can buy the shirt here.
It was great to learn some of the stock trading and investment tips from Matt Allen. We hope reading his answers has inspired you to invest the money. To get additional tips or to have a plan that will help you to create a financial independence, subscribe to his newsletter at mattallenletter.com or visit his website at mattallen.io
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