Former hedge fund manager Paul Mampilly is helping everyday people get wealthy via the stock market. His well known newsletter “Profits Unlimited” has reached a big milestone, gaining 60,000 subscribers.
Mr. Mampilly has a lot of experience working in finance. The successful entrepreneur, businessman, and investor received a proper education in finance. He went to Montclair State University where he received his Bachelor of Business Administration in Finance and Accounting. He continued on to get his Master of Business Administration at Fordham Graduate School of Business in Finance in 1997.
After college he got his career started on Wall Street and worked there for over 20 years. His clients include Kinetics International, ING, and Deutsche Bank. He is the winner of the prestigious Templeton Foundation investment competition in which he increased a $50 million investment into a $88 million dollar investment (a 76 percent gain!). His expertise was shown doing this during the height of the financial crisis. Paul Mampilly signed on an independent publishing house and research firm. Once on board he launch Profits Unlimited, which gives readers information and data on investing on particular stocks. Paul Mampilly invests lots of time and effort in each newsletter he releases. The financial guru tracks the investments on his website, to see what’s going on. He also updates the stocks on Profits Unlimited once a week to keep readers informed. His readers are happy with his advice, saying that it has been the most profitable investment he has made on the stock market. Readers also cut out the middle man and save money by just buying stocks with their own brokerage accounts, instead of talking to a financial advisor.http://www.talkmarkets.com/contributor/Paul-Mampilly/
Let’s talk numbers. All but a few stocks have made money. If they were down, it was just by 2.6 percent. The stocks he advises are up as much as 11 percent, 15 percent, 20 percent, 45 percent, and a whopping 116 percent. There are risks when investing in the stock market, but investing in stocks long term does decrease risks. The financial guru also advises investing in the Internet of Things, which is only going to get bigger with time. In time people have predicted that 50 billion devices with be connected to each other. Millennials are also a good thing to invest in, being they are the largest generation in history. They will bring a huge amount of investment power and will create a new generation of millionaires and billionaires.