My goal is to have my own hedge fund if the course of action benefits me more than trading individually and makes me really happy. I know that the majority of people struggle financially and try to make ends meet even though they make 6 figures. I have been there. I am an immigrant who came to the U.S. with nothing and started from zero at 23. Earning 6 figures with debts for a house mortgage, education, credit card, automobile, etc. may barely allow you to make ends meet, which does not include expenditures for children. It is a tough world out there. I realized when I was around 26 and studied day and night reading hundreds of books on investment and got a decent job. 7 years later, I was not still where I wanted to be, however, I saw a slight hope and a high possibility to get there if I keep discipline and focus, follow strict rules, and commit the successful strategies. Does everybody study or do more than I do? My answer was, with confidence, "Probably Not". People struggle as much as I do.
It comes to finances, it is clear what to blame because of the way they spend. The more they make, the more they spend. Should I blame their habits that they cannot control their expenditures? or lack of skills or knowledge by not studying. or decision-making (s) by not prioritizing their needs. Either way, You can make yourself look good but you cannot fool yourself.
With the thought that If I help them and make them happy, I can make more money and become happier. That's what they say. I decided to offer a deal with friends, family, and colleagues.
I communicated with a dozen of people, however, none of them brought $25,000. Some put $5,000, $10,000 or $15,000 on the table but it was difficult for them to trust me and come up with the full amount of $25,000, on top of that they still had to take risks of losing the principal since profits are not guaranteed. However, I started working with some people since 2021 and the results are so far so good.
