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Editor's Note: Our offices at Tiwari Research Group are closed for the Thanksgiving holiday weekend. So today, we're sharing a personal essay from editor Teeka Tiwari about why he's thankful to be an American. Before you get to today's essay, we want to notify you of a special briefing Teeka will hold on Wednesday, December 4, at 8 p.m. ET. During the briefing, Teeka will reveal an unprecedented event scheduled for December 10 at 11:30 a.m. Eastern time. He believes it's going to turn this already booming market into a melt-up of epic proportions. And if you wait, you'll be left out. During this briefing, Teeka will explain what this upcoming event is all about and how it will trigger an explosion in this tiny niche of the crypto market. He'll also share details about six altcoins that could see an immediate boost following this event – and give away the name and ticker symbol of one of these niche tokens completely free. All you have to do is go here to reserve your seat. |
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Why I'm Thankful |
I owe my success to America… |
Today, I live by the ocean in the Caribbean. And I spend a lot of time sailing on my 50-foot catamaran. |
I'm sure many people see this and think I'm just some rich guy from Wall Street who was born with a silver spoon in my mouth. |
Nothing could be further from the truth… |
I wasn't born here. I grew up in Britain's foster care system… |
I lived in a cramped, unheated room on top of a garage. At night, I watched my breath coil into a frigid mist. |
And the future looked as bleak as my tiny room. |
Ever since I was 12 years old, I'd always wanted to work in the stock market. I once told my school job counselor this. |
His response? He told me I should focus on manual labor. "Be a telephone repairman," he said. |
I knew in my heart that my future was in the financial markets. |
As a teenager trapped in the foster care system, I soon realized no one would rescue me… Which meant I had to rescue myself. |
So when I turned 16, I left for America… |
With just $150 in my pocket and literally just the clothes on my back, I set a course for the financial capital of the world – New York City. |
What I found changed my life forever… |
So on this day after Thanksgiving, allow me to share the story of my journey to achieving my American dream. |
Hopefully, it will inspire you to do the same… |
Coming to America |
It was 1987, and New York City was full of enormous opportunities… obscene luxury… and bottomless wealth – all right beside crippling poverty. |
I worked three jobs. I even offered to work for free on Wall Street, until this guy named Frank gave me a shot at Lehman Brothers. I started as an assistant for the big-time brokers and eventually became a big-time broker myself. |
I was so overjoyed that someone was willing to give me a shot that I was willing to take lower pay and higher hours to work my way up the ladder. |
At Lehman, they would work you for a full week and only pay you for 29 hours, so they didn't have to give you benefits. My pay was a whopping $4 per hour. But I didn't care about that. They gave a kid with no skills a shot. |
And that was all I needed. By the time I was 20, I had become the youngest vice president in Shearson Lehman history. |
I worked on Wall Street for 15 years as a money manager. I made good money. But helping the rich get richer just left me feeling empty. |
I had success. I had accolades. But I wasn't happy. |
I realized on Wall Street I was extracting value from the world. I wasn't adding value. I was part of a system that was actually widening the gap between the haves and the have-nots. |
And coming from my blue-collar background where I started out loading trucks… working in kitchens… mopping floors… It just never felt right to me. |
America has given so much to me. And I wanted to give back. |
So, I left Wall Street and joined the newsletter industry in 2005. |
I wanted to help everyday people like me – people who are willing to work hard, be focused, and do the right thing — have a legitimate shot at financial freedom. |
My goal ever since has been to help everyday investors bridge the widening wealth gap. |
We aren't born with the knowledge to do that. |
So if I can help bridge the gap for you, I believe that's work worth doing. |
Start Working on These Three Habits |
Since 2016, I've recommended 27 cryptocurrencies that have rocketed over 1,000%. |
My readers have had the opportunity to turn $1,000 into life-changing gains into as much as $367,000 in Binance… $543,000 in Ethereum… And over $1.5 million in Neo.. |
While I'm extremely proud that I've helped more ordinary Americans achieve their financial freedom than any other newsletter editor in the industry… |
What really brings me satisfaction is being a mentor and guide. Without the proper mindset (and the world-class research) I have provided, my readers wouldn't be in a position to take advantage of the research I provide. |
Now, I'm not going to sit here and tell you it will be easy to reach your American Dream. |
It won't… Especially if you make the wrong decisions. |
But if you can learn the right habits, they'll eventually take you down the path to success. |
These three habits are simple in theory but hard for many people to pull off in practice. You'll need to train yourself every day to master them. |
● Habit No. 1: Live on less than you earn. |
If you consistently keep more than you spend, you'll have a surplus of money. Simple, right? |
● Habit No. 2: Maximize your ability to earn from your current job. |
Your single biggest source of income is your job. Most jobs will pay you more money as your skill set rises. |
So the quickest way to make more money is to improve your skills. Put yourself on a skill-development track to become world-class at your job. |
If you don't know how… no problem. Here's what you do… |
Offer to take the most successful person at your company out to lunch. Ask this person about their work habits. Acknowledge their success and ask them, "What do you do that's different from everyone else?" |
Don't interrupt them. Just listen and take notes. By the end of the lunch, you'll have the beginning of a blueprint for becoming world-class at your job. |
If your firm doesn't recognize your improved performance, that's okay. Find another employer that will. Be sure to negotiate for more money. And never leave a job without having another one lined up first. |
● Habit No. 3: Create multiple streams of income. |
If you've nailed the first two habits, No. 3 is how you turbocharge your wealth. |
This is where you invest in low-risk, income-producing stocks, real estate, or private businesses. Also, this is where you can incorporate a "side hustle" for extra income. |
Side hustles include – but aren't limited to – Uber driving, Postmates/Grubhub deliveries, selling crafts on Etsy, buying and selling on eBay, etc. |
You just keep reinvesting all your surplus capital into low-risk, income-producing investments. Lo and behold, in about seven years, you'll be rich. |
As you go along your wealth-building journey, you can take a small percentage of your overall portfolio (1−5%) and put it into asymmetric ideas like crypto. |
The strategy is when you invest tiny grubstakes in ideas with explosive potential. And it can really supercharge your wealth-building process. |
Let's say you have a traditional portfolio mix of bonds, stocks, real estate, gold, etc. |
You take a small percentage of your overall portfolio (1−5%) and put it in these explosive upside ideas. |
I'm not talking about ideas that double, triple, or even quadruple your money. I'm talking about ideas with potential returns of 10x, 50x, and even 100x. |
These are binary bets. In other words, they're going to pay off at 10 to 1… 50 to 1… or even 100 to 1… or go to zero. That's why you have to keep those types of positions very small… in the range of $200-$1,000 per idea. |
By creating a safe income stream from your core assets… you can crank up risk without putting your net worth at risk by simply diverting more of your passive income into your asymmetric-risk investments. |
Since the passive income replenishes itself each year, you'll never do more damage to yourself than losing a year's worth of passive income. That's unpleasant but not life altering. If, however, the asymmetric ideas you invested in go up 100x… THAT IS LIFE ALTERING. |
This has been my wealth-building secret. |
Don't lose much when you are wrong and make a fortune when you are right. |
Even though you're only risking a small sum, the key lesson to remember is that you can't build your whole portfolio on ideas like this… Those types of investments can still go to zero from time to time. |
That's why I only make asymmetric bets with the income from my safe investments. |
It bears repeating: If those risky asymmetric bets fail, 100% of that money gets replenished next year with the dividends and interest from my safe money. |
This is the key to getting really rich, really quick, without ever blowing yourself up… |
Be Thankful for Being in Control of Your Life |
Friends, America gave me everything I value: Opportunity, mentors, love, friendship, and the type of painful life lessons only a free-market economy can provide. |
Most importantly, America gave me the freedom to pursue the life I wanted on my own terms. |
That's why on this Thanksgiving holiday weekend, I want to give thanks to the country that gave me so much. |
And also thank you for being loyal readers. |
And in return for your loyalty to me, I will continue sharing advice I believe can help you achieve your dreams. |
When I adopted the three habits I listed above, they helped me turn around my life. If you adopt them, I believe they'll help you do the same. |
You can take control of your actions and start changing your life right now. And that's something definitely to be thankful for. |
Let the Game Come to You! |
Big T |
P.S. from the Tiwari Research Group editorial team: |
Before you go, we want to notify you of a special briefing Teeka will hold on Wednesday, December 4, at 8 p.m. ET. |
During the briefing, Teeka will reveal an unprecedented event scheduled for December 10 at 11:30 a.m. Eastern time. |
He believes it's going to turn this already booming market into a melt-up of epic proportions. And if you wait, you'll be left out. |
During this briefing, Teeka will explain what this upcoming event is all about and how it will trigger an explosion in this tiny niche of the crypto market. |
He'll also share details about six altcoins that could see an immediate boost following this event – and give away the name and ticker symbol of one of these niche tokens completely free. |
All you have to do is go here to reserve your seat. |
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