Saturday, April 11, 2015

How it all began...

From an early age, I knew my potential was limited due to the fact I didn't really give a crap about school.  In this day and age, practically everyone has a degree of some sort to add to their resumes to land their high paying dream job.

I went to a technical school for accounting and flunked out of the program by 2%.  For the next few years, I was in/out of school and worked on the side.  

While I was working at a retail store, a former classmate came into the store and we exchanged a few pleasantries.  She graduated and was now working for a reputable company nearby in her field of study.  A pang of guilt stabbed at my heart.  If only, I studied for my finals that day.  I wouldn't be in this situation.

Determined, I started looking for a full time office position.  I sent out a ton of resumes, but I hardly got any call backs due to my lack of experience.  Eventually, I landed an accounting clerk position that paid $10 per hour at a small company.  My commute was an hour each way and my days were long.  But I was happy to be making money on a consistent basis.  I worked hard for the next three years, yet I did not get a raise at all.  They took advantage of me and I was ready to move on.

For the next 8 years, I have slowly climbed my way out of minimum wage.  In 2008, I took on a part time job to supplement my income working an extra 16 hours per week on the side.  Yes, I still have my part time job to this day but on a very scaled basis.

As you can see, I never made a lot of money from my day job.  I struggled to save money in every way I can.  I knew from the beginning, I was never going to get far with just the salary I make from my day job.

In order to grow my wealth, I need to make money work for itself and that's what I have done for the past decade in the stock market.  It is not an easy ride up, there have been many hiccups and bumps along the road.  But I have learned over the years to adapt and deploy new strategies to improve my overall performance in the stock market. 

All it takes is making that one step!  

2 comments:

  1. Interesting story you have here. I remember going to university and hearing things such as "engineers will be basically guaranteed a job when they graduate..." . The market is saturated with people that have degrees, so it is even harder to get a job with a degree. The company who interviews you offers you X dollars an hour , which is like $8-$15 dollars less than what you are looking for. You basically take their offer or the next person who passes an interview will. I was told in my second year, that engineers success is about 80% communication, so get good at it. The look on everyone face was like total shock. Thinking if my communications skills are not very good I will be working in a lab the rest of my life.

    Investing and trading options is what help me over the years to move forward.

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    1. Thanks for the comment. It's quite competitive out there. One job posting will get a ton of replies all seeking for that one position. I think the key is to get your foot into the industry even though the pay isn't what you're seeking for. Just gotta suck it up for a couple years. Once you gain experience then you can demand more especially as an Engineer.

      I took whatever that was presented to me for my first two jobs. My current job I was able to negotiate a 10% raise from my past salary and I was really happy.

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