On his 23rd birthday, my multimillionaire student Jack Kellogg went to the bank and withdrew $ 100,000. *
Can you guess why
Tip: It wasn’t about buying a car or throwing a crazy birthday party …
Usually, birthdays are about receiving. But this year Jack wanted to give something back.
I recently shared how much has changed in my life and in the stock market since my last birthday … For Jack, the difference between this and the last birthday is even bigger.
At the end of April 2020, Jack made a trading profit of just over $ 330,000. *
In November 2020, he passed the million dollar mark. *
As of April 2021, he has a profit of over $ 6.5 million. *
Jack’s growth has been incredible … these results are definitely not common. Although he had a lot of money to buy what he wanted, he decided to celebrate his birthday differently …
Not your typical 23rd birthday celebration
Jack could have bought a new car or house for his birthday. He did not do it.
Instead, he went to his hometown and gave his parents $ 100,000.
In case you haven’t seen it before, check out the full video that captures Jack’s gift to his parents. Fair warning: take some tissues … it could make you cry.
That’s true. This Millionaire Trading Challenge trader decided to give rather than receive on his birthday. *
I couldn’t be more proud … Having enjoyed success as a trader and teacher, I see it as my duty to use my platform forever – and nurture the power of giving back. Jack understands.
Here’s the full story …
“I don’t feel selfish anymore.”
That’s exactly what Jack said when he decided to give his parents $ 100,000 on HIS birthday.
For Jack, one of the greatest gifts of financial freedom is the ability to stop focusing on yourself and focus on doing things for others.
It starts with paying homage to one’s roots.
Jack is an only child. When he was growing up, his family had limited resources. However, they worked hard to give him everything he wanted – from video games to clothes to quads.
But more importantly, they gave him love and support. You worked hard to give him a good life.
Despite their differences, his parents stayed together to raise Jack too. They divorced after he left the house.
In hindsight, Jack can see and appreciate the sacrifices his parents made for him.
By giving each of his parents a financial gift of $ 50,000, he hopes to improve their lives in gratitude for helping him become the man and trader he is today.
From valet to millionaire dealer *
To understand Jack’s motivation, it can be helpful to know a little more about his trading history.
Jack is a former valet who didn’t know what to do with his life. He took a few different directions, but nothing really took.
Then he made a New Year’s resolution to start trading in 2017 and took part in my Trading Challenge that same year.
He was an extremely dedicated student. Jack was obsessed with learning and improving.
After trying a few trading styles and strategies, he decided to stick with the OTC market. There he began to gain a foothold as a trader.
You have to check out the entire story – I have it all for posterity in this four-part YouTube series. Check them all out!
“Selfish” to Selfless
I disagree with Jack calling himself selfish. But I understand what he means by sacrificing to make the trade work.
He worked tirelessly to achieve his trading goals. He sacrificed time with family and friends to get better every day. That attitude and his willingness to grind as hard as possible helped him get to where he is today.
Now that he’s passed the million dollar mark several times, he no longer wants to punish himself. * He wants to preserve his capital (one of my most important trading rules!) … But he also wants to enjoy what he has earned and focus on the essentials.
As he puts it: “Now it’s about my health. My family. My girlfriend. These things are really important to me. “
With that in mind, he planned a special surprise for his parents.
Note: Jack’s friend Mariana is also an impressive trader herself. It recently passed the $ 1 million profit mark. * Find out more about them in this video:
Give better than receive
That year Jack told his parents that he didn’t want anything for his birthday. That wasn’t exactly true. He wanted something … but it wasn’t a gift.
He wanted to give back. Here’s why he wanted to give them $ 50,000 each …
Improving his mother’s house
Jack’s mother is a school bus driver and still lives at home during his childhood. The house is well maintained but could use an update. The windows are old, the kitchen is outdated and the house could do with updating anywhere.
Growing up in a small, humble house like this inspired Jack to work hard to create a safer life for himself. Now that he’s done that, he wants to help his mother live comfortably. He hopes this $ 50,000 will help her add value to her home.
His father’s dreams come true
Jack wants his father, an electrician, to enjoy this $ 50,000 gift and treat himself well.
Years ago, when Jack was struggling to find direction, his father urged him to take a practical route. He suggested Jack follow him in the electrician field and make a living.
Jack was still chasing the trade … but he has no attitude or the feeling that he proved his father wrong. Jack knows that his father was motivated by love – he wanted security for his son and didn’t want to see him fail.
Jack already knew it was going to be difficult … His father’s hesitation was another memory. If Jack hadn’t been so aware of the odds against him, he might not have learned so much.
Now Jack wants to help make his father’s dreams come true.
Jack knows his dad is in the mood for a boat … He wanted to surprise his dad with $ 50,000 so he could buy the boat and generally treat himself well.
Note: I love that my students are so motivated to give back to their parents! Want more? Here’s another story about David, a college student who bought his mother a house with his trading profits …
Here is a video from my https://t.co/EcfUM6l2S3 student Paul surprising his mother with a new house after a record in 2020 … how cool is that ?! I really love seeing this as we should all treat our parents with gifts like this after working our butts off for years to succeed! pic.twitter.com/j6RjwB1dyd
– Timothy Sykes (@timothysykes) January 10, 2021
A priceless gift …
Be sure to watch the entire video (here’s the link again) to see how Jack’s parents react when they each receive his generous gifts.
Seriously, when his mother looks at the briefcase full of cash and says, “What do you mean, it’s for me … it’s YOUR birthday!” Incredible.
But what is really priceless isn’t the fact that Jack gave money to his parents.
I love to see his generosity and warm gesture. He has great respect for his origins and he takes great pleasure in giving something back. (I can relate to this – I find it SO worth giving back. This is where my most recent Karmagawa donations work.)
Looks like Jack got exactly what he wanted for his birthday …
How motivated are you
It felt much better for Jack to give than to receive on his birthday.
I hope this story shows the incredible things that can happen when you are dedicated and willing to work hard …
Jack worked from 8 a.m. to 8 p.m. every day for years. When he wasn’t acting, he would study, make watchlists, memorize stock charts, or be generally obsessed with the market.
His years of hard work have paid off for him … On his last birthday he was able to give his parents roughly their respective annual salaries in cash. *
Regardless of the determination or hours of study recorded, Jack’s results are not typical. But I want everyone to take note of their work ethic and humility, as well as the joy they found in giving back.
Are you ready to work hard Apply for my trading challenge.
Happy belated birthday, Jack. I’m so proud of you. I can’t wait to see what your future holds!
How does Jack’s birthday story motivate you? Leave a comment below … I love to hear from you!
Disclaimer of liability
* Please note that Jack Kellogg, Mariana and David trading results are not typical. Most traders lose money. It takes years of dedication, hard work, and discipline to learn how to act. Individual results vary. Trading is inherently risky. Before entering into a trade, remember to do your due diligence and never risk more than you can afford to lose. I also hired Jack to help out in my education business.
This level of successful trading is not typical and does not reflect the experience of the majority of people using the services and products offered on this website. From January 1, 2020 to December 31, 2020, typical users of the products and services featured on this website reported an average estimated profit of $ 49.91. This number comes from tracking user accounts on Profit.ly, a platform for the trading community. Timothy Sykes has a minority stake in the platform. The typical success rate of users was based on the following methodology:
- From January 1, 2020 to December 31, 2020, 849,078 trades were uploaded to Profit.ly. 633,891 trades were “verified” (confirmed with trading account details).
- Instructor trades are ignored.
- The average income statement / trades is determined by calculating the total P&L and dividing by the total number of trades
- The average trades per account are obtained by counting the total number of trades and dividing by the number of accounts (middle function).