Speaker 1: Hey, hey, hey, we're back. We're extra black today we're brown.
Speaker 2: And so.
Speaker 1: I'm like like Waite from Andy's Jump, and She's look
Speaker 1: like me, like, where are we going with this?
Speaker 2: No, because I was just sitting here kind of like
Speaker 2: I'm still buzzing from our conversation with today's guest. Y'all.
Speaker 2: I think I might have had you know how Tiffany
Speaker 2: always says that Christina and a Mon were like her
Speaker 2: life changing, life changing episode of Brown Ambition. I feel
Speaker 2: like Terry was my life changing episode of I have
Speaker 2: so much work to do, but she truly has inspired
Speaker 2: me to actually now she has helped me see I
Speaker 2: know stuff about trading. I know some things. Okay, I'm
Speaker 2: ready to take it to the next level. And I
Speaker 2: feel like Terry just was so I don't know if
Speaker 2: she's so calm, and she is so the antithesis of
Speaker 2: anything I've ever thought or seen when it comes to
Speaker 2: people who trade. Yep, Like I didn't know people like
Speaker 2: Terry existed.
Speaker 1: She seems she's kind, she's knowledgeable. I just think you
Speaker 1: guys are gonna like love when I say love this interview.
Speaker 1: It's the type of interview that you were going to
Speaker 1: want to share. You know how we always like make
Speaker 1: sure you share with your friends, make sure you share
Speaker 1: in group chat. You were not even got to say
Speaker 1: all that, because you're going to want to because it
Speaker 1: is transformative. Make sure you listen to the end, because
Speaker 1: we are partnering with Terry to do something really fun
Speaker 1: with our BA listeners. Child, it's gonna be transformative for
Speaker 1: the lives of some of our BA listeners. And I
Speaker 1: think it's just going to be super.
Speaker 2: Exciting, awesome. And do we even say who we're talking
Speaker 2: to today, We're just like Terry Gyoma. It's how you
Speaker 2: pronounce it, Terry Jyoma. She is the founder of Trade
Speaker 2: and Travel and listen. Everything you need to know is
Speaker 2: in the name. This woman has become a multi millionaire
Speaker 2: just in the past few years, right Yeah. Not only
Speaker 2: has she been trading her way to wealth, but she
Speaker 2: has been teaching in such a wonderful way. I mean
Speaker 2: she has the number one or had the number one
Speaker 2: course unteachable? How much all still does the number course unteachable?
Speaker 1: Like? How many courses are there?
Speaker 2: She has taught hundreds of students from around the world
Speaker 2: how to earn supplementary income with trading. They're living their
Speaker 2: best life, and with Terry's course, hopefully so can you.
Speaker 2: But we got some free advice from her today and
Speaker 2: kind of learn more about her her investing philosophy. And
Speaker 2: I think the best thing that I learned that I
Speaker 2: learned from Terry was how small you can start with
Speaker 2: and how you don't necessarily need tens and tens of
Speaker 2: thousands of dollars to make a little bit of money
Speaker 2: that can truly change. It can certainly help you reach
Speaker 2: your goals and ultimately maybe even change your life.
Speaker 1: Yeah, I'm just excited for you guys to hear because
Speaker 1: it's just it's a departure from you know, like the
Speaker 1: bro culture sometimes that investing can be. So it's here
Speaker 1: from this amazing woman that's literally kicking ass and taking names.
Speaker 1: I would say that Terry's not She's so Christian, so
Speaker 1: she's not gonna say ass like me.
Speaker 2: And taking names, saving lives with the money that she's earning.
Speaker 1: Oh my gosh, She's just amazing. So I just cannot wait.
Speaker 1: So without further adode, we've got mine save Nijerry and Trader,
Speaker 1: she's here. We've got Terry with Terry from Trade and Travel.
Speaker 1: If you don't know Terry. I'm sure you've seen folks
Speaker 1: holding up plaques that they've been able to trade to
Speaker 1: make a thousand dollars in a day. That's one of
Speaker 1: her goals. So she has for her students, and Terry
Speaker 1: is amazing. I decided when I took my six weeks off,
Speaker 1: it's one of the things that I did with my
Speaker 1: time that I invested in the course. I called you,
Speaker 1: Mandy member. I was like, Mandy, I'm going to be
Speaker 1: a bit jillionaire. Remember, I was like, trade.
Speaker 2: Aren't she supposed to be on vacation, But okay, I'm on.
Speaker 1: Board, and so yeah. It's what I really love about
Speaker 1: Terry is that not only is she like a dope
Speaker 1: sister who's teaching stuff to everyone that we might not
Speaker 1: normally have access to. I also love that, prior to this,
Speaker 1: like myself, she was an educator. So when I took
Speaker 1: her course, I could I could see it, and I
Speaker 1: could feel it, and I was just like, oh, this
Speaker 1: is from someone who understands the learning process of adults,
Speaker 1: you know, because I didn't feel overwhelmed. So welcome Terry.
Speaker 3: Hey, Tiffany and Mandy, how are you.
Speaker 2: We're doing great? It's so nice to meet you. I
Speaker 2: do feel like Tiffany is one of your many fans
Speaker 2: who I have just that I've been hearing them rave
Speaker 2: about you and I started following you on ig and
Speaker 2: I love you. Just seem so positive and you make
Speaker 2: it seem so possible. You're like just casually Manah, I
Speaker 2: made one hundred grand today. I'm just gonna go to
Speaker 2: McDonald's now and grab some dinner for the family. I
Speaker 2: just made that up. I don't know if you actually
Speaker 2: eet McDonald's.
Speaker 3: But dude, like McDonald's. Their chicken sandwiches are on point.
Speaker 3: The nuggets, I'm not sure that's real meat, but it's
Speaker 3: the same.
Speaker 2: Absolutely, it's not, you know, but yet delicious. What I
Speaker 2: am dying to know. How did you get into trading?
Speaker 2: So you I think you and Tiffany have this in common.
Speaker 2: You both have a background in education. Is that right?
Speaker 2: Tell me about Terry pre bajillionaire status trading every day
Speaker 2: all not all day because you've somehow been it'ed to
Speaker 2: still have a life, which really goes against the image
Speaker 2: I had in my head. You know, you try to
Speaker 2: tell yourself a story so that you talk yourself out
Speaker 2: of something like Trading's not for me. I don't want
Speaker 2: to be tied to a computer all day. I don't
Speaker 2: want to like not see my family and be stressed
Speaker 2: out all the time. But you're doing it in this
Speaker 2: phenomenal way where it still seems like you have all
Speaker 2: your marbles and you're able to have this fun, whole,
Speaker 2: you know, life. So I'm excited to hear about that.
Speaker 2: But let's start at the beginning. Where did you Yeah,
Speaker 2: how did you get your start in trading? And what
Speaker 2: were you doing before that?
Speaker 3: You know what's crazy. I actually learned about trading in
Speaker 3: high school. I did this program called Lead and it's
Speaker 3: where they like take kids who are doing really well
Speaker 3: in school and they put them into business school. So
Speaker 3: I went to Northwestern University and they showed us how
Speaker 3: to trade stocks. Well, actually they showed us all kinds
Speaker 3: of business stuff. Before that, I wanted to be an architect.
Speaker 3: And then they took us to the business school and
Speaker 3: they were like, okay, guys, these are all the things
Speaker 3: you can do in business. And they took us to
Speaker 3: the Chicago Stock Exchange. So that was really my first introduction.
Speaker 2: No one ever says that about school, I think, I mean,
Speaker 2: I built the paper rocket in school. That was the
Speaker 2: highlight of my That's amazing.
Speaker 3: You know What's crazy though, Like my senior year, Google
Speaker 3: had their IPO, So if you can imagine, Google was
Speaker 3: just coming out. It was eighty three dollars a share,
Speaker 3: and I had just heard in this like summer program
Speaker 3: about stocks and trading. So I went to like every teacher,
Speaker 3: every like I went to my grandmother, she'd be like, girl,
Speaker 3: we ain't got no money on it. We'll talk about.
Speaker 3: But then I went to my teachers and was like,
Speaker 3: how do I get into this? Nobody knew anything. And
Speaker 3: it's kind of cool because out full circle, I'm teaching people,
Speaker 3: and I'm like, if my first of all, if I
Speaker 3: had known what to do, I would I'd be so
Speaker 3: much further ahead now eighty three dollars now it's over
Speaker 3: two thousand, or it goes kind and back and forth.
Speaker 3: But like, gosh, like how much different could my life
Speaker 3: have been? But then again, like what if my teachers
Speaker 3: had known what to tell me when I went to
Speaker 3: them interested and trying to do something different and trying
Speaker 3: to improve my life. What if they knew like, oh,
Speaker 3: the first thing you do is open a brokerage account. Okay,
Speaker 3: you don't have that much money, but eighty three dollars
Speaker 3: Tracy or my name is Terry Lutree. So that's what
Speaker 3: my teachers would have called me back then in high school.
Speaker 3: But they would have been like, Okay, if you keep
Speaker 3: your job at j. C. Penney's because I was. I
Speaker 3: was a j. C. Penneyes girl. I worked at the
Speaker 3: watch counter. If you keep your job, you can take
Speaker 3: I know, right, you can take that income and just
Speaker 3: put it into a brokerage account. Like what if they
Speaker 3: knew how to tell me that, But they didn't, And
Speaker 3: I ended up going in my tee for undergrad because
Speaker 3: I still wanted to know, just.
Speaker 1: Like, you know, let's go to the pols. Just slip
Speaker 1: that in and my tea, what did you study at
Speaker 1: M I t management?
Speaker 3: I was going to manage. All the engineers got it. Yeah,
Speaker 3: they were like, nobody knows that MITS like has business school.
Speaker 3: They always think it's just for engineering because engineering is
Speaker 3: number one. But at the time we were number two
Speaker 3: for management too, but nobody like really talked about that.
Speaker 3: But yep, went to Sloan for undergrad, interned on Wall
Speaker 3: Street at Morgan Stanley and that's how I learned more
Speaker 3: about stocks. But I'm like you, Mandy, when you were
Speaker 3: like I don't want to you know, like everybody sees
Speaker 3: finance and they're like, I just don't want to do that,
Speaker 3: like it's so negative and bad. But the thing is,
Speaker 3: like I thought that way too, Like after the internship,
Speaker 3: they were like, Terry, do you really want to work here?
Speaker 3: And I was like, you know, this is up the devil.
Speaker 3: I'm about to go do something else. Like I literally
Speaker 3: said that in my final interview, and that was not
Speaker 3: the right thing to say.
Speaker 1: Oh no, wait, was not at all? What about it?
Speaker 2: It was of the first of all, I love that expression.
Speaker 2: What about it was so bad? What was turning you off?
Speaker 1: You know what?
Speaker 3: The the honest truth was the actual job was good.
Speaker 3: So the whole sentence that I told them was I
Speaker 3: used to think that this was from the devil, but
Speaker 3: now I like it and want to work here. They
Speaker 3: didn't hear the second part of the sentence, Like clearly
Speaker 3: they didn't hear that part. They just heard the first part.
Speaker 3: But I think it's like it's a mindset thing, like
Speaker 3: in our households, we're not taught that money is good
Speaker 3: we're taught that money is bad and we're taught that,
Speaker 3: like you don't want to work in a building for
Speaker 3: twenty four hours a day, and it's you're never gonna
Speaker 3: have a life, like, you know, we hear all these
Speaker 3: things about Wall Street. So that's where that thought had
Speaker 3: come from. It was really just like a concept in
Speaker 3: my head. It wasn't the truth. It wasn't the truth
Speaker 3: at all.
Speaker 2: So what in that interview was, so were you were
Speaker 2: you wanting a career at that point or were you
Speaker 2: just like ready to you know, just say, you know,
Speaker 2: this is not for me, Thank y'all very much, I'm
Speaker 2: moving on.
Speaker 3: I'm Nigerian, so of course I wanted the offer, but
Speaker 3: I already had in mind that I was going to
Speaker 3: go into consulting. Like I wanted them to be like, yes,
Speaker 3: I will give you millions of dollars, and I wanted
Speaker 3: to be able to be like, nah, that's okay. I
Speaker 3: already got this job in consulting, and like literally that's
Speaker 3: what I did. Like I had a job in consulting
Speaker 3: at Monitor Group and that's where I was helping businesses
Speaker 3: and one of our clients was teach for America and
Speaker 3: I went into this long ten year track in education.
Speaker 3: From that, I worked at in consulting and then went
Speaker 3: over and moved into the administrative side of Teach for America,
Speaker 3: helping teachers learn how to teach better. I did the
Speaker 3: operation sides of the teacher trainings in Houston. We shout
Speaker 3: out to Houston Institute if anybody was in Houston Institute.
Speaker 3: And then from there I went to Like, my my
Speaker 3: journey is very weird. I went to seminary after that, like,
Speaker 3: I worked for TFA for three and a half years
Speaker 3: and was like, I'm gonna go learn about the Bible.
Speaker 3: I've always wanted to do something fun. And then worked
Speaker 3: for a ministry and then came in was an assistant
Speaker 3: principle of an elementary school and in that yeah, girl, old.
Speaker 2: You look to be about twenty five, and yet you're
Speaker 2: telling me the life of someone who's had like fifty
Speaker 2: five life lifetimes and one whoa okay, good night.
Speaker 3: I will take that. I will take that all day.
Speaker 3: Give me an extra ten twelve years, okay, but yeah,
Speaker 3: all of that. And then when I was assistant principal.
Speaker 3: I know this is the longest story, but to tell
Speaker 3: you when I became assistant principal. I thought that it
Speaker 3: was everything I wanted it to be, and it was not.
Speaker 3: I was stressed all the time. I was crying in
Speaker 3: the bathroom. I was like literally like dragging to go
Speaker 3: to work in that building every day because of the administration,
Speaker 3: and I needed an excess strategy. And for me, I
Speaker 3: went back to where I had come from ten years ago,
Speaker 3: that little hobby that I had of trading stocks, and said,
Speaker 3: I think that I can make this a real thing.
Speaker 3: If I could just make three hundred dollars a day,
Speaker 3: I can replace my assistant principal and come. And I
Speaker 3: started working towards that, taking classes, practicing trading every day.
Speaker 3: And when I got to that three hundred dollars a day,
Speaker 3: I quit and started living my real dream, which was
Speaker 3: traveling all over the world and trading stocks.
Speaker 1: When was that?
Speaker 2: How long it was? How long ago was that when
Speaker 2: you quit that?
Speaker 3: I was twenty seventeen, AO, Yeah.
Speaker 1: So were you scared, Terry? You know, like when I
Speaker 1: made the lead from teacher to budgetista, I was really afraid.
Speaker 1: And I kind of always had like I can always
Speaker 1: go back to becoming a teacher in my back pocket.
Speaker 1: Low Ki, I still say that now. But you you know,
Speaker 1: I didn't have a choice in making the leap, but
Speaker 1: you chose. Were you scared, you know, during that time,
Speaker 1: or were you just feeling like, you know what, the
Speaker 1: world is my oyster and you know, and I'm gonna
Speaker 1: I'm just going to dive straight in.
Speaker 3: I wish I could have said that, girl, I was
Speaker 3: so scared. I was so scared, Like I was scared
Speaker 3: to the point that, like I knew I needed to
Speaker 3: have the conversation with my principal. When I was quitting
Speaker 3: and I hid in my friend's hospital room, I like
Speaker 3: pretended he was my boyfriend and he was not. I
Speaker 3: was like, you know what, he's not feeling good, and
Speaker 3: he's my boyfriend and I've got to be with him
Speaker 3: every moment of every day. And my principle was like,
Speaker 3: but the phone works inside the room, and I was like, no,
Speaker 3: it doesn't work in here. I didn't say that for real,
Speaker 3: but really I did, Like I was so afraid to
Speaker 3: have the conversation to leave because like this was a
Speaker 3: cushy job, Like I had worked so hard all year
Speaker 3: so that the next year was going to be easier,
Speaker 3: like I had like I had done all the things,
Speaker 3: and now I was gonna leave and start training full time,
Speaker 3: like no, And then on top of that, like I
Speaker 3: was so afraid because I had said that I wanted
Speaker 3: to travel, but then like I got scared of that.
Speaker 3: So I got a lease. And I'm a God girl,
Speaker 3: so like I fully felt that God was telling me,
Speaker 3: you should go travel and you should train. But I
Speaker 3: was like, Okay, God, how about this. I'll do one
Speaker 3: of those but not the other. I will trade, but
Speaker 3: I'm gonna stay right here, close to home, so if
Speaker 3: anything goes wrong, I can go back to my mom
Speaker 3: or I can go live with my aunt because I
Speaker 3: needed a comfort of a blanket, a security blanket. But
Speaker 3: do y'all know I lived on the twenty fifth floor
Speaker 3: and that apartment flooded.
Speaker 2: Wait, wow, someone's pool leaked. What happened?
Speaker 3: So apparently I found out from the janitor. Apparently somebody
Speaker 3: was like cooking drugs two floors above me on the
Speaker 3: twenty seventh floor. The sprinklers, I know, right, the sprinklers
Speaker 3: went off, and then something happened where the sprinkler pipe
Speaker 3: didn't work gray and it flooded just my corner of
Speaker 3: the building. So all of the units on my corner
Speaker 3: were flooded out and I literally had to like give
Speaker 3: up everything and only had two suitcases left to my name.
Speaker 2: Oh man, I mean you said, and this they bring
Speaker 2: God into it. I'm like, that's pretty biblical, that feels.
Speaker 1: And you know that strikes again. Wasn't there a.
Speaker 2: Meth lab in the Bible? And I can't remember the
Speaker 2: one I'm kidding.
Speaker 3: I went back in the old Testament yep.
Speaker 2: That one, very old testament?
Speaker 3: Oh yeah, girl, it was Man, it was crazy. So
Speaker 3: for me that was the Okay, no matter how afraid
Speaker 3: you are, this has gotta be bigger than you. You
Speaker 3: better go. How much.
Speaker 2: Do you mind answering that?
Speaker 3: Yeah? So I actually had thirty five thousand that I
Speaker 3: had moved over from my old retirement accounts. So in
Speaker 3: that like remember I told you, like I had quit
Speaker 3: this job and then went to this job, Like, I
Speaker 3: had money left in those old four some of them
Speaker 3: are four or three b's and the four oh one
Speaker 3: K and I moved those over it to self directed IRA.
Speaker 3: So I had thirty five thousand in that account.
Speaker 2: Was that all on your retirement money or just like
Speaker 2: the leftover you put not that that was just your
Speaker 2: four one K you cashed out?
Speaker 3: Wow, okay, Well because remember while I okay, I didn't
Speaker 3: tell you guys this, but I had been trading as
Speaker 3: a side hustle while I was still working in all
Speaker 3: those education jobs. So I was maxing out my four
Speaker 3: excuse me, my four oh one k, like I and
Speaker 3: one job. I was putting in eighteen thousand a year
Speaker 3: one year because I didn't need the money, got it?
Speaker 1: Mm hmm.
Speaker 3: So I had that like about eighteen thousand, and then
Speaker 3: each company had matched like when I went up to
Speaker 3: five percent, then the companies had matched that too. So
Speaker 3: to me, thirty five thousand for like a lot of
Speaker 3: money at the time, because I was only making like
Speaker 3: sixty thousands. So I was like, I got half my
Speaker 3: my income saved up.
Speaker 2: Yeah, I guess I was just asking because it sounded
Speaker 2: like you had no money left, like you took your
Speaker 2: only four one K and you were just living off
Speaker 2: of that money while you quit your job. But you
Speaker 2: actually had like other other retirement accounts and investments on
Speaker 2: the side that were also sustaining you. Right, am I
Speaker 2: getting that wrong?
Speaker 3: Great question? It actually was more like I was investing
Speaker 3: with thirty five thousand and I might have had I
Speaker 3: had some money from insurance, like after the flood. Then
Speaker 3: I got some insurance money, so I was living off
Speaker 3: of that, and then I had the thirty five thousand
Speaker 3: in my retirement.
Speaker 1: Okay, mm hmm, So you.
Speaker 2: I still don't get it. I'm confused. No to shout,
Speaker 2: but I need to understand.
Speaker 1: No, So you had money in your retirement account that
Speaker 1: you withdraw instead of rolling it over to another retirement account, correct, Terry.
Speaker 3: Yes, I had first put it into a self directed
Speaker 3: IRA and then moved it from the IRA to cash account.
Speaker 1: Because you said, you know what, I can do better
Speaker 1: with my money than my retirement account can do with
Speaker 1: my money. But yes, you had other money that you
Speaker 1: had saved that you were actually living off of.
Speaker 3: Yes, but not a lot. To tell you, guys, the truth,
Speaker 3: I didn't have just a whole bunch of other money.
Speaker 3: This was definitely only a faith move.
Speaker 1: So you were like dangerously right. That's why, man, He's like,
Speaker 1: wait a minute. You was just out here like, oh
Speaker 1: these traits.
Speaker 2: I'm waiting for the part where you said you had
Speaker 2: saved two hundred thousand dollars. No, I'm kidding, but no,
Speaker 2: So you took that thirty five k, and you were like,
Speaker 2: this is my trading money. Let's make some magic happen.
Speaker 2: Because up until that point, how much had you been
Speaker 2: working with us in terms of your trading, Like how
Speaker 2: much were you trading at a given time?
Speaker 3: Still that that same thirty thousand. So the goal was
Speaker 3: I have thirty thousand, I'm trying to make one percent
Speaker 3: of it on a regular basis, that's three hundred dollars,
Speaker 3: and I would keep that base amount and then live
Speaker 3: off of the money that I make.
Speaker 1: Okay, So you had been using that for some time.
Speaker 1: It wasn't like you left your job and you you
Speaker 1: had already been using that money to trade with to
Speaker 1: make your two hundred bucks and three hundred bucks a month,
Speaker 1: And once you were like, okay, I'm really here. Let's
Speaker 1: let's rock and roll and just do this full time.
Speaker 2: Yes, gotcha? Okay, So from that three hundred goal, you
Speaker 2: level it up to a thousand bucks a day.
Speaker 3: Yes, as I've been as I was trading, so it's
Speaker 3: stayed at a three hundred until I'm.
Speaker 2: Like, my mind, I'm liking the three hundred. I feel
Speaker 2: like people, you know, you haven't lost me yet. Like
Speaker 2: that sounds possible. It's very like it wasn't like some
Speaker 2: you know, like incredibly you know, high goal to start with,
Speaker 2: you know, like you really it felt it feels to
Speaker 2: me like you were starting at like a reasonable pace. Yeah.
Speaker 3: I tell my students to try to make like one
Speaker 3: percent of your cash amount, and that's doable. When you
Speaker 3: think about a lot of traders, they'll give you the
Speaker 3: extrava extravagant like I want to go for the maserati,
Speaker 3: I want to make a million dollars. No, no, just
Speaker 3: do one percent of your cash amount. And there's five
Speaker 3: trading days in a in a week, so that's five
Speaker 3: percent return a week if you can be consistent. Now,
Speaker 3: sometimes you win, sometimes you lose. So like this is
Speaker 3: a goal and an average. It's not like I have
Speaker 3: to make this every day, but it's a goal. And
Speaker 3: even if you do that, like just say you did
Speaker 3: that five times a month, that's still five percent a month.
Speaker 3: That's that's twenty percent in four months. Now our goal
Speaker 3: is twenty percent a month. But you don't have to
Speaker 3: work that hard. Does that make sense?
Speaker 1: It does? You're such a teacher. I was like, oh,
Speaker 1: she checked.
Speaker 2: She slowed all right down.
Speaker 1: For me checked understanding. Does that make sense?
Speaker 2: I was like, miss Woodruff, Miss Woodruff, are you following?
Speaker 1: No? And honestly, that's such a realistic goal. And I'm
Speaker 1: glad you shared that because I think, I mean, Mandy
Speaker 1: and I have definitely seen and I'm sure you have
Speaker 1: to terry that. You know, as a result of like
Speaker 1: economic uncertainty, quarantine pandemic, everyone has been racing to trading.
Speaker 1: I never heard this many people, regular regular people talk
Speaker 1: about trading the way they are now, and but everyone's
Speaker 1: thinking that they're going to get like the masariety and
Speaker 1: the mansion and whatever right away. So to hear you
Speaker 1: give a realistic explanation of returns, it's good. I think
Speaker 1: people can say, Okay, one, I can do it too,
Speaker 1: and two that doesn't seem so crazy one percent a day, you.
Speaker 3: Know, yeah, And I think people need to put it
Speaker 3: in perspective. The average return for like a longer term
Speaker 3: investor is eight to ten percent a year. Yeah, So
Speaker 3: for me to say, try to aim for one percent
Speaker 3: on a regular basis, Like, even if you do that
Speaker 3: eight times within a year, you've met the average. Now
Speaker 3: if you can do it a few more times than that,
Speaker 3: you're beating the average. So when people say, oh, you know,
Speaker 3: I'm going to start with two thousand and make forty thousand,
Speaker 3: like that doesn't even make sense. Making the first two
Speaker 3: thousand would be one hundred percent return when the average
Speaker 3: is eight to ten percent. So don't go for one
Speaker 3: hundred percent return. Go for small, bite size returns that
Speaker 3: you can you know, add up over time.
Speaker 2: So when you are someone, I imagine a lot of
Speaker 2: the students in your in your class which has been
Speaker 2: incredibly I think you have it's unteachable. It was like
Speaker 2: a number one class on teachable or something. Congratulations, that's amazing.
Speaker 2: So I bet a lot of your students probably are wondering,
Speaker 2: you know, how much of my money should I be
Speaker 2: trading with? Well, you have, and what's your advice to them,
Speaker 2: especially if they may have other obligations you have mortgage,
Speaker 2: or they have other goals or retirement and maybe some
Speaker 2: student loan debt. How do you help them figure out
Speaker 2: where to start and how much to start with.
Speaker 3: Yeah, trading is a skill set, so let me start there.
Speaker 3: It's something that you need to grow to become better at.
Speaker 3: So when you're first starting, I think you should start
Speaker 3: with just enough to open it brokerage account and then
Speaker 3: trade with a simulator, which is fake money until you
Speaker 3: become good. So I'd say start there. You don't have
Speaker 3: to put all your money in. I have one person.
Speaker 3: She reached out to me. She's like, Terry, I got
Speaker 3: forty five thousand dollars, I'm ready to invest. Where do
Speaker 3: I put it? I was like, girl, you know what,
Speaker 3: you leave it right there for a minute, and I'm
Speaker 3: gonna ask you to take just five hundred of it
Speaker 3: and let's start there first. Then I know right. She's
Speaker 3: like really, I'm like yes, because it's a skill set,
Speaker 3: like you got to get good at it first. Then
Speaker 3: from there after you see that, Okay, I'm learning trade
Speaker 3: and travel, I'm learning Terry's method with invest with Terry method,
Speaker 3: then go to two thousand. At two thousand dollars, one
Speaker 3: of the things that we work with is things called
Speaker 3: margin account, and that can be very risky, I understand.
Speaker 3: But at two thousand dollars, you can open that kind
Speaker 3: of account and have access to more tools from a broker.
Speaker 3: So two thousand dollars is the next goal, and then
Speaker 3: you're trying to still make just that one percent return.
Speaker 3: So you're trying to make twenty dollars on a regular basis.
Speaker 3: If you can get good and be consistent, that means
Speaker 3: you're making one hundred dollars a week four hundred dollars
Speaker 3: extra a month, which I will say with smaller amounts
Speaker 3: like two thousand, is a little more challenging but doable.
Speaker 3: After that, once you're seeing, okay, Terry, I think I'm
Speaker 3: getting good at this. I'm seeing my one percent return
Speaker 3: on a regular basis, then you can start putting more
Speaker 3: money in your account and that'll be up to you,
Speaker 3: depending on what your goals are.
Speaker 1: Does that make sense, No, it does. I love that.
Speaker 1: So my sister Carol is she's like our resident investor,
Speaker 1: but honestly, for the last like a year and a half,
Speaker 1: she was using the simulator accounts because she was so
Speaker 1: nervous and scared, even though she's been like investing since
Speaker 1: like college. I remember when she was telling us about
Speaker 1: this new company called Tesla, and I was like, girl,
Speaker 1: what are you talking about. Let's try the cars. Sounds
Speaker 1: crazy to me, and she's like, well, I'm putting fifteen
Speaker 1: hundred dollars in and I think at the time, Terry,
Speaker 1: it was like thirty dollars a share, and then it
Speaker 1: went up to like sixty one hundred, and she's like,
Speaker 1: you should do it now, Tiffany. I was like, no,
Speaker 1: not me. And then and now we all know the
Speaker 1: end of that story. And I look back and I'm like,
Speaker 1: why didn't you tell me more? She's like, girl, I
Speaker 1: told her. And I remember her coming to like Thanksgiving
Speaker 1: and saying like, hey, cause she's an engineer. So she
Speaker 1: was really excited about, like, you know, the advent of
Speaker 1: like you know, and a viable electronic car and like,
Speaker 1: so it really was her field. And she's a mechanical engineer.
Speaker 1: So yeah, so so she really wants to get into trading,
Speaker 1: but she was nervous and she so she's been doing
Speaker 1: a simulator for a year and a half and so
Speaker 1: finally she over the last couple of months, she jumped
Speaker 1: into like actually trading with her real money. But she's
Speaker 1: like one of these super super nervous Nellies. But she
Speaker 1: as her engineering job. She was let go during the
Speaker 1: pandemic because they just, you know, they just could not
Speaker 1: afford to keep really anyone. And she's like, you know what,
Speaker 1: She's got two little kids, they're six and four, and
Speaker 1: she's like, I actually don't want to go back to work,
Speaker 1: you know, like I want to be home. And so
Speaker 1: now because she's like a really good savor, all of
Speaker 1: us really are well except for Lisa boo on. Lisa's
Speaker 1: a baby, and I.
Speaker 2: Ain't gonna call out lisas that's very nice during to say, yeah,
Speaker 2: I used to list people, Oh my god, like oh no,
Speaker 2: she's She's Noterian, so that's not all you talk about.
Speaker 1: So so, but I'm really proud of her because to
Speaker 1: your point, Terry, she's really just like, Okay, she she
Speaker 1: took it really slowly. She practiced practice practice, she built
Speaker 1: her skill set, and even now the amount of money
Speaker 1: that she's investing with is not nearly like all that
Speaker 1: she has saved. And you know, like she'll call me
Speaker 1: every week and be like, oh my god, I'm mad
Speaker 1: two hundred dollars. Oh my god, I lost two hundred dollars.
Speaker 1: So like, I'm really proud of her, and I really
Speaker 1: can see herself in the next six months to a
Speaker 1: year really rocking and rolling. And so I'm praying that
Speaker 1: she doesn't have to go back to work, but it
Speaker 1: can really be so life changing. Can you share with
Speaker 1: us like some of like the amazing like life changing
Speaker 1: stories of people that you've helped with your trade and
Speaker 1: travel course and how you know they were able to
Speaker 1: just live a different life as a result.
Speaker 3: Yes, it's so good when you have a goal too.
Speaker 3: I think that makes it so much better. So, like
Speaker 3: I have one student, Crystal, and her goal was to
Speaker 3: renovate her kitchen, and her husband told her like, well,
Speaker 3: this is all the money you gonna get, like you
Speaker 3: either use this renovate the kitchen or whatever. And so
Speaker 3: she said, well, Terry, I decided that I was going
Speaker 3: to trade with the money to make the money to
Speaker 3: renovate the kitchen. So she actually had I think her
Speaker 3: kitchen was going to cost her about thirty thousand. So
Speaker 3: I will say, you can start making like bigger returns
Speaker 3: when you get to that twenty to thirty thousand range.
Speaker 3: I wanted people to know that because some people are
Speaker 3: going to say, well, can I make a thousand dollars
Speaker 3: a day with five thousand, It'll be a little tougher.
Speaker 3: You can, but it's tougher. But she had about I
Speaker 3: think she said thirty thousand that she was going to
Speaker 3: use for the kitchen renovation. She put it into an account,
Speaker 3: and she actually traded within six months and made the
Speaker 3: same amount of money for her kitchen. So she used
Speaker 3: the money she traded with to renovate the kitchen. And
Speaker 3: then she has the money in her account still to
Speaker 3: like do another project. Yes, so so cool. And then
Speaker 3: I have another student she actually like paid off all
Speaker 3: her dabt, Like I paid off my student loans, but
Speaker 3: like when my students do it, that's more important. Like
Speaker 3: she paid off one hundred thousand dollars of student loan
Speaker 3: debt with trading.
Speaker 1: Yeah, that's amazing and life transforming, like not just waiting around.
Speaker 3: Yes. Then then there's smaller goals, like those are big ones.
Speaker 3: But some of the smaller goals is I have one student.
Speaker 3: He just wants to pay off his car notes so
Speaker 3: that he can have whatever car he wants and not
Speaker 3: have to worry about his wife telling him no. And
Speaker 3: so like he pays three I think it's like two
Speaker 3: seventy four. It's his payment his car payment every month,
Speaker 3: and he just makes enough trading to pay for the car.
Speaker 3: And then I have a couple other students, like one
Speaker 3: of them she's getting chemo treatment and so she's been
Speaker 3: actually trading while she's in the hospital, so she's like,
Speaker 3: it keeps my brain moving, it keeps me energized and motivated.
Speaker 3: So it's it's small things. It's learning a new skill,
Speaker 3: it's making sure that you're taking care of little things
Speaker 3: so that your wife doesn't have to worry about it,
Speaker 3: or even just like bigger things like paying off debt.
Speaker 3: So it's it's been really cool.
Speaker 2: I know when Tiffany mentioned, you know, your sister coming
Speaker 2: and talking about Tesla for me, and then Terry what
Speaker 2: you said about having a goal in mind, I feel
Speaker 2: like for me, what's really what can be stressful is
Speaker 2: when you're kind of caught, whether it's on social media.
Speaker 2: Just yesterday, there was a an investing influencer that I
Speaker 2: follow and he was he was kind of taking a
Speaker 2: dump on one of the ETFs that I had bought
Speaker 2: last year, which I'm doing fine and thank you very much,
Speaker 2: but he was like, oh, this ETF is not performing.
Speaker 1: I told you all, ha ha ha.
Speaker 2: And I feel like those those comments from friends or
Speaker 2: social media, they can sort of they make you feel like, oh,
Speaker 2: am I missing out on something or do I not
Speaker 2: know something? And for me, what I feel like I'm
Speaker 2: personally missing with my because I do trade. We have
Speaker 2: about ten thousand dollars. Well, we started with like five
Speaker 2: thousand dollars and now it's up to like fourteen, and
Speaker 2: I feel like what I'm kind of missing. Well, thanks,
Speaker 2: what we're kind of missing is like a strategy. So
Speaker 2: I hold myself back. I don't really know what my
Speaker 2: strategy is other than like, oh this sounds pretty good,
Speaker 2: or also I like pelotons, so let me get some stock,
Speaker 2: or people are using technology, so I'm going to get
Speaker 2: that technology easy, you know what I mean. So strategy wise,
Speaker 2: where do you how do you help people figure out
Speaker 2: the strategy and what's like a simple way an entry
Speaker 2: point to stock trading.
Speaker 3: Yeah, so I think it's really important to have a
Speaker 3: trading plan. That's where your strategy comes in. And then
Speaker 3: my strategy includes like it's four big pieces, but then
Speaker 3: like I can, I can even go a little further
Speaker 3: for the more advanced. But the first thing is you
Speaker 3: got to have some criteria around what stocks you're choosing
Speaker 3: and when you have like each person may have some
Speaker 3: different criteria, but part of mine is I'm looking for
Speaker 3: healthy companies. I'm not a penny stock girl. I'm not
Speaker 3: like a skeptical Oh I heard somebody say this in
Speaker 3: the bathroom, and I'm just gonna like pick that up. Like, No,
Speaker 3: the companies that I'm trading are the same ones. I
Speaker 3: don't see y'all laughing, But it's like not the bathroom.
Speaker 3: But sometimes you do hear the random people are the
Speaker 3: beauty show and you're like, oh, maybe I should try
Speaker 3: that one. No, like there's some set criteria around how
Speaker 3: to pick the right company. Then there you have to
Speaker 3: have some criteria around when do you take money off
Speaker 3: the table, Like what's your risk management plan? And for me,
Speaker 3: that includes how am I calculating my reward to risk ratio?
Speaker 3: How am I calculating how many shares that I take,
Speaker 3: my quantity size? How am I calculating even when I
Speaker 3: take the trade? Like your entry point makes so much difference,
Speaker 3: and so that's like another part of my plan. I'm
Speaker 3: looking at charts to determine my entry point. And that's
Speaker 3: going to be as people think about their strategy, Like
Speaker 3: when do you enter a trade If I get into
Speaker 3: Apple at one hundred and thirty dollars and you get
Speaker 3: into Apple at one hundred and fifty dollars, we're both
Speaker 3: in Apple, but I got in at a better time.
Speaker 3: So I'm using charts to figure that out, right, And
Speaker 3: then we're figuring out so then I have the whole
Speaker 3: little trading plan. But like when do you exit a trade?
Speaker 3: Are you a long term trade that never exits because
Speaker 3: you just believe so much in this company? Or are
Speaker 3: you exiting when you see a certain thing happen in
Speaker 3: the chart, or are you exiting when you hit a goal?
Speaker 3: There's like a whole exit strategy. So I personally have
Speaker 3: a seven step strategy. But those are some important parts
Speaker 3: that are included or should be included in your plan.
Speaker 2: So that's seven step strategy you can you can find
Speaker 2: out by getting your course, I imagine right travel.
Speaker 1: Yes, yeah, I'm not a C minus student right about now,
Speaker 1: but I also love that part. I'm a part of
Speaker 1: my plan, my plan.
Speaker 3: But get the week four because that's when we put
Speaker 3: it all together.
Speaker 1: In week four, I would to say that I'm like,
Speaker 1: at the very beginning of week I was like super
Speaker 1: a gung ho, and then man it was right. I
Speaker 1: was like, Giry's supposed to be on vacation, So.
Speaker 3: What happens happens, and it is true, because I too
Speaker 3: was like, are you on vacation? I'm so proud of you,
Speaker 3: and you're like, I'm in the course.
Speaker 2: Stivity in the course. Is it all simulator though? Is
Speaker 2: it fake? Like you're playing with fake money to start with?
Speaker 3: Actually is going to be up to you as a student.
Speaker 3: Some students are are super like I'm getting in right now.
Speaker 3: The way I learn is with real money. I of
Speaker 3: course encourage you to start with with the fake money
Speaker 3: first so that you can, you know, learn and become good.
Speaker 3: But some tudents in.
Speaker 1: Girl, please you know me, I'm a scarny girl. I'm
Speaker 1: still simulating it. Get it, get.
Speaker 2: It like that makes me less scared. I just assumed
Speaker 2: with a course like that that you would want people
Speaker 2: to put in real money. Meanwhile, it's so silly because,
Speaker 2: like I said, like, what was it last week? I
Speaker 2: didn't realize I had money because I had made money
Speaker 2: on my trading account through my brokerage, Like you know
Speaker 2: that that money I talked about. I think we had
Speaker 2: three thousand dollars that we could put back, and it's
Speaker 2: just been sitting there just doing nothing. And I was like, oh,
Speaker 2: let me go on up there and go shopping. I
Speaker 2: bought some apple and I bought some other stuff and
Speaker 2: I can't remember now, Oh yeah, I got some solar energies.
Speaker 2: I'm trying to I like alternative energies now because you know,
Speaker 2: I own a TESL, so I'm obnoxious that way.
Speaker 3: Just drop it in there. I never wanted, but.
Speaker 1: We always anyway. On our fifteen hundred hours, my sister
Speaker 1: made over thirty thousand, and that's what she used to
Speaker 1: be for her wedding.
Speaker 2: I was like, stories like that are amazing, but they're
Speaker 2: you know. That's why I'm like tear, yes, you know,
Speaker 2: I mean I think that's lucky, right, but it's hard
Speaker 2: to teach luck, you know what I mean? Right, Yeah,
Speaker 2: And so that's I think that's it's fun to have.
Speaker 2: It's even like I had thought of my my trading
Speaker 2: money as my play money, but I even think of
Speaker 2: it's not so much I'm not playing with it. I'm like,
Speaker 2: I invested. We opened that account a year or two ago.
Speaker 2: We chose our stocks, and I was just like, let's
Speaker 2: ride it, you know, long term. That's how I get
Speaker 2: out of having to trade. I'm just like, oh, I'm
Speaker 2: a long term investor. I don't touch it. That's my strategy.
Speaker 2: Isn't that smart? But in the it's almost like having
Speaker 2: play money on top of that to try to like
Speaker 2: get those what do you call it, like exploratory or
Speaker 2: like you're speculating, like you think it's it's like having
Speaker 2: even a separate bucket for that, you know, the one
Speaker 2: off stock if you think it's going to be hot.
Speaker 2: You just can't happen all the time, you know, Mandy.
Speaker 3: I think the big thing though, is that even when
Speaker 3: people say that they're long term investors, they need the
Speaker 3: skill set to know when is a good time to
Speaker 3: get back into another stock, or get into the same
Speaker 3: stock again, or reinvest cause like the last couple of weeks,
Speaker 3: I'm not sure when you guys are going to hear
Speaker 3: this podcast, but like in the end of September of
Speaker 3: twenty twenty one, like a lot of the tech stocks
Speaker 3: fail a lot, and that would have been a great
Speaker 3: time to start reinvesting or getting into some of those
Speaker 3: stocks that you've been wanting to have, like I've been.
Speaker 3: I've been following Adobe stock for the longest time, but
Speaker 3: it was just running. It was way too expensive for me.
Speaker 3: But in the last in the last month end of
Speaker 3: September it came down one hundred dollars. Wow, that's a
Speaker 3: great time to enter the company. It's still a great company.
Speaker 3: Nothing about the fundamentals of the company has changed, just
Speaker 3: the market had brought it down. Even for a long
Speaker 3: term investor like those are the kind of things you
Speaker 3: need to know from strategy that says, hey, flag alert,
Speaker 3: this is the time to invest your money, because otherwise
Speaker 3: you'll have just you know, oh, I got a little
Speaker 3: extra money. Things are at all time highs. Let me
Speaker 3: put it in now instead of a strategy behind it.
Speaker 2: Yeah, it's funny you mentioned that because the ETF that
Speaker 2: I was talking about that this influencer was taking a
Speaker 2: dump on was a tech one, and I was like, yeah,
Speaker 2: it's down a lot of tech. It's got you know,
Speaker 2: it's top major holding is Tesla, and right behind that
Speaker 2: is another tech company. It's all very tech. And at
Speaker 2: least I knew enough.
Speaker 1: I get that.
Speaker 2: I get when when someone is talking about a moment
Speaker 2: in time for whether it's an ETF, because in ETF
Speaker 2: is like a stock. I mean you can trade it
Speaker 2: like a stock, right, so it can go up and
Speaker 2: down throughout the day, which is different. I tried and
Speaker 2: I was proud that I did check and I was like,
Speaker 2: How'm I doing? But I didn't make any decisions. I
Speaker 2: didn't decide to dump it because for me, I mean,
Speaker 2: that is like a long term goal and I feel like,
Speaker 2: are the companies in this? Are the companies do I do?
Speaker 2: I still believe in them and believe in this fund,
Speaker 2: and you know, I stuck with it. But that little jerk,
Speaker 2: you know that that that social media tug, it was
Speaker 2: definitely it was definitely giving me.
Speaker 1: A social media just be tearing apart lives, goals and dreams.
Speaker 1: But I want to brag on Terry for it like
Speaker 1: a moment because she's being like super humble. So one.
Speaker 1: So if you guys have like you don't have my
Speaker 1: online school, it's it's hosted on think gifig and Terry
Speaker 1: hosts her online school on teachable. She is the very
Speaker 1: first school on teachable to cross over the ten million
Speaker 1: dollar mark, right, Terry.
Speaker 3: Yeah, actually I'm the first school to coss the twenty
Speaker 3: five million dollar mark.
Speaker 1: Million, so Keen was in twenty twenty, right, mm hmmm.
Speaker 1: And then what twenty twenty one is that when you
Speaker 1: made Yeah, I.
Speaker 3: Crossed twenty million and then recently Teachable took me out
Speaker 3: and they were like, yeah, so you're the first one
Speaker 3: across twenty five million.
Speaker 1: So no, now to be clear, is it ten million
Speaker 1: in a year, twenty five million a year, or like come, come, come.
Speaker 3: Lifetime lifetime twenty eighteen that's when I started teaching, So
Speaker 3: since twenty.
Speaker 1: Eighteen made don't be giving us because we crossed those
Speaker 1: a twenty million mark.
Speaker 3: I don't forget any take it out to Dinna.
Speaker 1: Think if it tap tap tap, where's my my clams
Speaker 1: and chowder? You know what?
Speaker 3: I felt that way with what's the one that gives
Speaker 3: those plaques click funnels? I was like, come on, Teachable,
Speaker 3: I need some like big record label plaques.
Speaker 1: Yeah too too.
Speaker 2: They get like that, well yeah YouTube girls.
Speaker 1: Yeah. Because I was looking the other day, I was like, okay,
Speaker 1: we crossed twenty.
Speaker 2: I don't because they must be taking a cut.
Speaker 1: Girl, right. So that's just incredible twenty five million, But
Speaker 1: it certainly took us longer than it took Terry. She's slaying.
Speaker 1: But what I really really really love, bigger than the
Speaker 1: earnings component is I saw the story. You know, I
Speaker 1: know how much your faith means to you, and I
Speaker 1: saw the story about how there were some churches in Texas,
Speaker 1: remember Texas had those terrible storms Mandy like and.
Speaker 2: So yes, I know it seems like always sadly, I know.
Speaker 1: And so I saw that the story about a pastor
Speaker 1: that was thinking terry because she donated of her own
Speaker 1: money five hundred thousand dollars to churches in Texas, and
Speaker 1: I was just like wow, like for so many people
Speaker 1: who think that money can be like this like tool
Speaker 1: for death and destruction and evil, you know, But what
Speaker 1: I really love is that for you. You know that yes,
Speaker 1: you make you know, a bunch of money, but to
Speaker 1: be able to do something like that must have been
Speaker 1: so transformative. How did that feel?
Speaker 3: Oh man, I absolutely love, Like that's the blessing part
Speaker 3: of being able to have wealth, like you can then
Speaker 3: bless so many people. And I know that literally that's
Speaker 3: what I'm called to do. Like the reason why I've
Speaker 3: been able to gain money is so that I can
Speaker 3: then give it to other ministries and other people doing
Speaker 3: good in the world. Like literally I see myself like
Speaker 3: there's this one guy, his name is Joseph in the Bible,
Speaker 3: and I think he gets put in jail like his
Speaker 3: whole story is crazy, but at the end of the day,
Speaker 3: like family comes to him and he's able to make
Speaker 3: sure that everybody's fed. And I see myself in that
Speaker 3: position now, like I feel like the Lord has allowed
Speaker 3: me to have this blessing so that I can help
Speaker 3: other people when they're in need. And that's that's been amazing.
Speaker 3: It's just been incredible.
Speaker 1: Right, So, well, are you familiar with a woman named
Speaker 1: Farnush Terry? No, huh.
Speaker 3: So.
Speaker 1: Farnush is one of me and Manny's like old school
Speaker 1: og financial friends. And I went to a conference once
Speaker 1: and she was speaking like on a panel, and she
Speaker 1: said something that really transformed the way I thought about
Speaker 1: money because I'd been scared to make a lot of
Speaker 1: money because I thought, I don't want to be a
Speaker 1: bad person, And isn't that with money when you make
Speaker 1: too much? What that means? And she said something that's
Speaker 1: really powerful that speaks back to what you just shared.
Speaker 1: She said that if everyone doesn't have the ability or
Speaker 1: the opportunity, I'll say to achieve great wealth. And if
Speaker 1: you do, you ought to go forward because there are
Speaker 1: children that you will help, there are causes that you
Speaker 1: will serve. As a woman right, She's like, there are
Speaker 1: opportunities that you'll pour into that other people will overlook.
Speaker 1: And so as you grow wealth, you are able to
Speaker 1: be that person to say, you know what, I want
Speaker 1: the kids in Detroit to go to college. You know what,
Speaker 1: I want my village in Nigeria to have fresh water.
Speaker 1: You know what. These are opportunities. These are you know,
Speaker 1: challenges that other people it won't interest them, you know,
Speaker 1: but just because it doesn't touch them. And so it's
Speaker 1: what put that battery in my back to say, go
Speaker 1: ti f neigo because you know, like I felt guilty
Speaker 1: about having Now I don't anymore. I'm like girl by,
Speaker 1: but I did at the moment. You know, it been
Speaker 1: helped to put the battery in my back to say
Speaker 1: that one of the tools for great wealth is to
Speaker 1: be able to help in ways that other people might
Speaker 1: not have not not be able to. And so I think,
Speaker 1: you know, when I read that, I was like, I'm
Speaker 1: gonna put that on my vision board. To be able
Speaker 1: to donate a significant amount of money in that way,
Speaker 1: that's that's transformative to a community.
Speaker 3: Yeah, And I do want to clarify because sometimes in
Speaker 3: social media the numbers are all are are gone wrong.
Speaker 3: So I've given over five hundred thousand, but it's to
Speaker 3: nonprofits and the churches, so I wanted to make sure
Speaker 3: that that was clear.
Speaker 1: No. I think that's just amazing and it just speaks
Speaker 1: to your to who you are as a person, your clarity,
Speaker 1: your Terry and I am Mandy. We chatted. I think
Speaker 1: I said it on the podcast once. We chatted maybe
Speaker 1: like a couple of months ago, and I was like,
Speaker 1: we were talking this is maybe maybe this is a
Speaker 1: year ago, but we were talking about like projecting, like, oh,
Speaker 1: what do I want to make you know, the next year?
Speaker 1: And I said, oh, I think maybe twenty million, you know,
Speaker 1: and Terry was like I was thinking fifty. I was like,
Speaker 1: wait what. But you need those kind of conversations because
Speaker 1: I limited myself because I was like, there's no way
Speaker 1: I can do that. And when Terry was like, well,
Speaker 1: I mean I think I can do it, I was like,
Speaker 1: well we too. I mean, let me let me erase
Speaker 1: my vision more. You know, I'm gonna put me down
Speaker 1: for fifty as well, please, And yeah, I didn't you know,
Speaker 1: I didn't make fifty this year, but just not that
Speaker 1: you know, not yet, but I do truly believe that
Speaker 1: I can and I will. But because I look at Terry,
Speaker 1: she's regular, you know, woman just like me, Nigerian, black,
Speaker 1: like kind fun like. You know, like when you meet Terry,
Speaker 1: you're not you don't think to yourself like this is
Speaker 1: someone who's untouchable. And so to have an example of
Speaker 1: someone who is able to achieve, you know, this level
Speaker 1: of success just makes it more palatable and real for
Speaker 1: someone like me. So I just I just thank you
Speaker 1: for showing up fully.
Speaker 3: Oh, thank you so much. I really appreciate that. And
Speaker 3: you know what, the only reason that I can show
Speaker 3: up is because I've seen other people show up. Like
Speaker 3: when I seen like you and Danielle Leslie and Rachel
Speaker 3: Rogers all talk about like your first million dollar months,
Speaker 3: I was like, oh, that's what we're doing. Now, Okay,
Speaker 3: we're doing million dollar months. Cool, let's go. And then
Speaker 3: it was like, okay, we're doing ten million dollar years. Okay,
Speaker 3: got it. That's got it, let's go. So when you
Speaker 3: see other people that are doing other things and they
Speaker 3: have these bigger goals, I think that gives all of
Speaker 3: us something to aspire to. And now it's like, okay, sis,
Speaker 3: I see you. Good jobs, keep shining. Let's go okay,
Speaker 3: like we need each other to be able to do
Speaker 3: things that are bigger.
Speaker 1: Yes, it's big goals.
Speaker 2: I mean, obviously it's such a huge heart. And you
Speaker 2: said that your faith is really important to you, and
Speaker 2: I'm and I don't think it's I don't think it's
Speaker 2: that new. I mean I feel like there's definitely I've
Speaker 2: read the articles and I might have written one back
Speaker 2: in the day. The financial advice that is buried in
Speaker 2: the Bible, not buried, but it's there. So can you
Speaker 2: talk about your faith? And I know you wanted to
Speaker 2: talk a little bit about, you know, bringing your faith
Speaker 2: to the table, bringing your full authentic self to the table,
Speaker 2: because you know, just as much as your knowledge about
Speaker 2: the market is a part of who you are, you
Speaker 2: know your faith also comes with that. And I'm sure
Speaker 2: that's what draws some of your audience to you. But yeah,
Speaker 2: talk a little bit about that and your journey and
Speaker 2: feeling more comfortable and embracing that side of yourself publicly.
Speaker 3: Thank you Andy, thanks for asking me about that, because
Speaker 3: I so. One of the things that I sponsored, as
Speaker 3: we were talking about like me sponsoring things, is nonprofit
Speaker 3: called Polished and they help women who are in the
Speaker 3: workplace in corporate America to be able to talk about
Speaker 3: their faith. And they just did this really cool conference
Speaker 3: called Boldly and I was one of the speakers, and
Speaker 3: I talked about talking about God and social media. And
Speaker 3: I think so many times we're afraid to talk about
Speaker 3: God and social media because we think that like if
Speaker 3: we say God, then we won't have people like us.
Speaker 3: We won't you know, we'll lose our followers, or if
Speaker 3: we say God, then our growth will be limited or
Speaker 3: stunted because we won't attract the same audience or will
Speaker 3: turn away people. But one thing I've seen, even in
Speaker 3: myself is when I talk about God, I draw more
Speaker 3: people to me. I draw the right people. I draw
Speaker 3: the people who want to hear more about And maybe
Speaker 3: it is they just want to make sure that there's
Speaker 3: morals and values in finance. But we draw the right
Speaker 3: people to us when we're really able to be our
Speaker 3: authentic self. So I'm so thankful that you asked me
Speaker 3: about that, because because, yeah, it's been an important part
Speaker 3: of my journey and I've got to give God all
Speaker 3: the glory for everything that's happened in my life.
Speaker 2: Yeah, I think we're just at this time now where
Speaker 2: it feels like you're one belief in something. It's almost
Speaker 2: like people can extrapolate, extrapolate a whole identity based on
Speaker 2: the fact that you know, you believe in a certain
Speaker 2: thing or you don't believe in something, and it is
Speaker 2: it's very it can feel like it can feel like
Speaker 2: people just take for granted that you have certain beliefs,
Speaker 2: that you have certain prejudices because maybe you have faith
Speaker 2: and that is certainly not my experience. And but I
Speaker 2: totally get what you're saying. It almost it scares people.
Speaker 2: It's like one of these topics that has become sadly enough,
Speaker 2: like as often weaponized as it is used as a
Speaker 2: tool to help people and lift people up. You know,
Speaker 2: I think we've seen a lot of, you know, a
Speaker 2: lot of examples where religious religions has been used as
Speaker 2: an excuse to treat people not so great.
Speaker 3: Uh.
Speaker 2: And at the same time, That's why I'm like, yeah, Terry,
Speaker 2: if you have a compassionate, you know, wonderful, true, like
Speaker 2: you know, version of faith that you can share with
Speaker 2: the world and show that you can still be a
Speaker 2: badass that makes the money. At the same time like
Speaker 2: that to me, let's have more of that. That's great.
Speaker 3: It's true because a lot of times people will say, like,
Speaker 3: like this whole idea of a Bible in money is
Speaker 3: a big issue because there's some people with faith that'll say, well,
Speaker 3: you know, if you're really making a lot of money,
Speaker 3: well why don't you do the Christian thing and just
Speaker 3: give everything for free? Why are you selling anything? And
Speaker 3: then there's some people that are like, oh, you know,
Speaker 3: money is the root of all evil. But then there's
Speaker 3: people like me, and I'm like, I'm the woman in
Speaker 3: the Bible, Like there's this one one story where it
Speaker 3: says that there were women that were following along with
Speaker 3: Jesus and the disciples, and out of their resources they
Speaker 3: were paying for everything. I'm like, I'm that girl. I'm
Speaker 3: married with the alabaster box, and alabasta's expensive, but the
Speaker 3: one that's like breaking open the alabaster to like annoy
Speaker 3: God because because she had it, but she's giving out
Speaker 3: of her resources. And I'm hoping that I'm able to
Speaker 3: encourage more people to do that, like we're able to
Speaker 3: build wealth so we can really impact change in the world.
Speaker 3: Because I think Tiftany I've heard you say this before,
Speaker 3: but like changes made it when you have a seat
Speaker 3: at the table, and a lot of times you can
Speaker 3: only get a seat at the table when you have
Speaker 3: the wealth to be there. Ye, Like we're making sure
Speaker 3: that we're going to get a seat at the table
Speaker 3: and that we're really able to impact change with our
Speaker 3: with our wealth, but also our mindset because we can
Speaker 3: raise our hand in those rooms.
Speaker 1: Yeah, I sure. I went to Terry So Terry has
Speaker 1: like a tour where she has this great new documentary
Speaker 1: where she shows her move to Mexico, Puerto Rico, my
Speaker 1: back Puerto Rico. It was it was awesome to see,
Speaker 1: like the nervousness, the transition to change her house is
Speaker 1: absolutely it's like empty MTV cribs time. Some of y'all
Speaker 1: too young us.
Speaker 2: Well, you're full time in Puerto Rico, you live there now,
Speaker 2: I am. Yeah, her house this year it's by a house.
Speaker 1: Yeah, insane, her house is insane. But then I saw
Speaker 1: that you also hit a milestone aside from moving to
Speaker 1: Puerto Rico, where you traded and made a million dollars
Speaker 1: in Uno Dia. That's one day for y'all who don't
Speaker 1: speak those Spanish. You know, we're all bi lingual here,
Speaker 1: a million dollars in one day? That's crazy? Could you
Speaker 1: ever have imagine that? Like Terry, you know, a principal,
Speaker 1: assistant principal. Terry's sitting there like, you know, it's too much.
Speaker 1: Like but like a million dollars in one day. So
Speaker 1: I have a question how to make a million dollars
Speaker 1: in one day trading? How much did you have to
Speaker 1: trade in order to hit that goal? Meaning, yeah, what
Speaker 1: did you have to use?
Speaker 3: Yeah, so I've actually done it a couple of times now,
Speaker 3: so the excuse for me. The first time it was
Speaker 3: about eight hundred thousand, so I made over one hundred
Speaker 3: percent return. But I did have to invest a lot
Speaker 3: to be there. So for those people who are like, oh,
Speaker 3: I want to make it, do know that you have
Speaker 3: to come to the come to the table with some
Speaker 3: money to be able to invest. But I was investing
Speaker 3: in Amazon options and they jumped within one day. Actually
Speaker 3: I did a swing trade though, because if you buy
Speaker 3: it and sell it in one day, that's a day trade.
Speaker 3: But I bought it and then sold it the next day,
Speaker 3: so yeah, so it was a swing trade. It was
Speaker 3: Amazon options. Loved it. I invested eight hundred thousand. I
Speaker 3: did it again though, and I had only invested three
Speaker 3: hundred thousand, So this is yeah, so same. I did
Speaker 3: it with Amazon options, but I had better timing. So
Speaker 3: this is when, as you become a better trader, you
Speaker 3: start learning, Okay, how does this move? When is the
Speaker 3: best time to get into this? And you're able to
Speaker 3: have bigger returns with less amounts?
Speaker 1: So yah, did y'all know? She just said she used
Speaker 1: three hundred thousand dollars to make one million dollars. That's like,
Speaker 1: you know it's accessible? Oh, terry. Honestly, people I know
Speaker 1: are foaming at the mouth like a ret rob How
Speaker 1: do I get me some of the trade for y course?
Speaker 1: How do they sign up? Honestly? And like what's best practice?
Speaker 1: Like when they signed up? Because I know people sign
Speaker 1: up for things and sometimes they don't take action right away.
Speaker 1: So share with us, like how can people sign up?
Speaker 1: And then what do you suggest, like how do they
Speaker 1: start so they can stick with it?
Speaker 3: Yes, So I actually have a free webinar at trade
Speaker 3: and travel dot com. So you just type in trade
Speaker 3: the whole word and A and D travel dot com
Speaker 3: and that takes you to the free webinar on how
Speaker 3: I teach people to make a thousand dollars in a day.
Speaker 3: I think that's the best place to start because it
Speaker 3: teaches you what I teach. You get to see if
Speaker 3: you like me as a teacher. Start there and then
Speaker 3: I'm not sure if you guys are going to have
Speaker 3: a link on the podcast, but that might be the
Speaker 3: best way for them to actually go straight to the course. Yeah,
Speaker 3: and then when they're ready, they can click that link
Speaker 3: and go straight to the course.
Speaker 1: Awesome. I love that too. This is how you know,
Speaker 1: like a teacher for real, because I love to do
Speaker 1: that too. That It's not about the gotcha got to
Speaker 1: give me, give me, give me. It's like, well, first
Speaker 1: take this free class with me, because you might not
Speaker 1: like my teaching style. You might not, you know, you'll
Speaker 1: learn something enough to be like, you know what I
Speaker 1: can continue I could not. This is why you're you're
Speaker 1: doing so well because you know, like you can easily.
Speaker 1: I mean, I've seen people hard sell so much for that.
Speaker 1: I always tell my mentees that, like, if what you
Speaker 1: have is good, since you don't, you don't have to
Speaker 1: throw it shove. You don't have to shove ice cream
Speaker 1: down my throat. I will eat ice cream. It's yummy, girl.
Speaker 1: We love it over here.
Speaker 3: I love cokick and cream. I don't know about y'all,
Speaker 3: but imagine a.
Speaker 1: Hard sell like girl, get you this cookies and can
Speaker 1: be like, oh, but when something is really good, allowing
Speaker 1: people to get like a taste of it to see
Speaker 1: if it's a fit for them, you know, that speaks
Speaker 1: volumes about integrity and character and just how good your
Speaker 1: product case. And I can say as someone who's in
Speaker 1: it now just because you know, I'll be doing the most.
Speaker 1: But I was. I was really enjoying myself because I
Speaker 1: was like, okay, Literally there were things and I was like, oh,
Speaker 1: is that what people have been saying the way you
Speaker 1: explained it. I was like, that's what that means. Okay,
Speaker 1: And so yeah, I did. The first few weeks I
Speaker 1: have like literally have my trading notebook, and then I
Speaker 1: fell off and my sister Kara was like, not me,
Speaker 1: I'm still here.
Speaker 3: Who's who's your trading partner? I feel like everybody has
Speaker 3: like their trading partner. They're like, oh, you know, a
Speaker 3: boo a Boo is in the class and he made
Speaker 3: six figures, So I'm about to make six figures, and
Speaker 3: so it was in the class and they made okay,
Speaker 3: you know.
Speaker 1: Mine, So I guess carry. My sister is my trading partner.
Speaker 1: Although she hasn't taken your class. Although she didn't ask
Speaker 1: me about it, she was like, how's Terry's class? I said,
Speaker 1: really good? She said, hmmm, okay, because she's someone like
Speaker 1: you who like she takes courses, so she's like, I
Speaker 1: really want to learn learn. So she was like, okay,
Speaker 1: maybe I'll invest in that class next because she's like,
Speaker 1: you know, I want I want to be able to
Speaker 1: provide for my family in a way that's you know,
Speaker 1: for me, for her, it's not just about oh I
Speaker 1: want a ton of cash, it's I want to be
Speaker 1: here while they're young, to enjoy them at this age
Speaker 1: and not have to worry about taking care of them.
Speaker 1: So no, I'm just so grateful that you're here, Terry,
Speaker 1: honestly and just a shining example of what's possible. And
Speaker 1: I'm so happy because so many people don't want to
Speaker 1: talk about numbers, especially in our community, because you know,
Speaker 1: anybody trying to get God, but also too sometimes people
Speaker 1: see it as like bragging or whatever. And I struggle
Speaker 1: with sharing numbers, but I share numbers because I want
Speaker 1: you to see. We'll Tiffany is silly and crazy and
Speaker 1: regular regular, so her behind can get here. Child, It
Speaker 1: is available to all of us. So I'm so glad
Speaker 1: that you show up fully so everyone can see that
Speaker 1: like they too can achieve. You know what you've achieved
Speaker 1: with work, obviously in consistency, but it is possible.
Speaker 3: Thank you. And I'm actually so excited for your sister
Speaker 3: because I feel like she's gonna love the course. Like
Speaker 3: when somebody's like already been trying to trade and then
Speaker 3: they take the course, it just accelerates like what they're doing.
Speaker 3: So I just can't wait to see how she does.
Speaker 3: That's gonna be awesome.
Speaker 1: And she becomes richer than me that I'm gonna be like, girl,
Speaker 1: So all the vacases are on you now.
Speaker 3: I'm gonna come to y'all can come to Puerto Rico,
Speaker 3: class Mexico.
Speaker 2: We know that those are not the same places. You know, ignorance,
Speaker 2: It's okay, don't come for us.
Speaker 3: Don't come for us. I do not.
Speaker 2: I wish she had so much more time. I feel
Speaker 2: like I have a million more questions, but I I
Speaker 2: I want to thank you too, because I think I've
Speaker 2: been looking forward to this conversation. We've had you booked
Speaker 2: for weeks and weeks, it feels like, and I have
Speaker 2: really been looking forward to it because I am at
Speaker 2: that Carol phase. I mean, I haven't made thirty five
Speaker 2: g's on anything I've invested in, but I'm definitely like
Speaker 2: ready to put in the time to start taking it
Speaker 2: to the next level. Can I tell you all my
Speaker 2: goal so I can speak it to the universe, please please?
Speaker 2: My goal is to trade my way to where I
Speaker 2: can pay my mortgage with my trading income down the line,
Speaker 2: so that we can just like pay this house off.
Speaker 2: That's my goal. I And you know what, you make
Speaker 2: it sound not so crazy?
Speaker 3: Yeah, I mean, like, I don't know if you're afraid
Speaker 3: to put the number out, but can you put the
Speaker 3: number out?
Speaker 2: So my mortgage is about three thousand dollars a month? Yeah,
Speaker 2: so I know you need a lot of money to
Speaker 2: get there, But even if it's like an extra five
Speaker 2: hundred towards the mortgage, do you know what I mean? Oh?
Speaker 3: Sorry, go ahead if I want people to know my
Speaker 3: mortgage payment on the show or not.
Speaker 2: But you can know it well.
Speaker 3: But like my thought was, like the way to break
Speaker 3: break that down now, it's like you have three thousand dollars,
Speaker 3: divide that by twenty. That's how many trading days are
Speaker 3: in the are in a month. And then you say, okay,
Speaker 3: well actually that's only like one hundred and fifty dollars
Speaker 3: a day. Okay, yeah, and you.
Speaker 2: Have fifteen fifteen thousand to do that.
Speaker 3: Yeah, is good. As I said, you had fifteen thousand,
Speaker 3: so you're your one percent actually will get you to
Speaker 3: being able to make your mortgage payment. And then like
Speaker 3: your thought would be like, okay, so am I gonna
Speaker 3: try to do this on a daily basis? Or am
Speaker 3: I gonna swing trade it?
Speaker 1: So?
Speaker 3: Okay, one hundred and fifty dollars a day, that's about
Speaker 3: well four hundred a month, I mean a week. Am
Speaker 3: I doing that right? No? No, I'm a little low.
Speaker 3: One fifty day, three hundred every two day six so
Speaker 3: seven hundred and fifty dollars a week. So like you
Speaker 3: can actually do some swing trades and try to get
Speaker 3: seven hundred and fifty dollars a week or just one
Speaker 3: hundred and fifty dollars a day, Like you can totally
Speaker 3: do this. I'd love to.
Speaker 1: I'd love to Vegas girl. Yes, I'm like, maybe you
Speaker 1: should be my trading priner. We should, we should we
Speaker 1: seld take I'll start from the beginning, Harry's course for real.
Speaker 2: Me if you're just in play money, oh girl, you
Speaker 2: know me.
Speaker 1: I am skinny pants girl. I still have my piky
Speaker 1: toe and talk about who's hot.
Speaker 2: I've been sneaking. I've been like buying things without telling
Speaker 2: Enrique because he doesn't really know that we have extra
Speaker 2: money to invest, and I'm like, buy some more.
Speaker 1: Oh, let's like, honestly, if you want to check in
Speaker 1: weekly and take the course, because it does feel like
Speaker 1: I always feel like Carol's like way ahead because she's
Speaker 1: like you're you're far behind by I'm like whatever, because
Speaker 1: we even started like a WhatsApp and she'd just be
Speaker 1: talking and I'm like, I don't know what those words
Speaker 1: to be. So I would love to start at the
Speaker 1: beginning for real, because I I do have access to
Speaker 1: like a ton of money. There's times when I make
Speaker 1: six figures in a month take home, and I'm like,
Speaker 1: I mean, you know, and I just imagine, like I can't.
Speaker 2: Be talking to y'all making twenty five million dolls.
Speaker 3: Can't look the group guys with fifteen k.
Speaker 1: No, that's fine, because I want to be able to do,
Speaker 1: you know, because I want to be able to say
Speaker 1: I want to. I want honestly, one of my goals
Speaker 1: is I want to be able to pay for my
Speaker 1: two nieces, Lily and a million enrollment. I want to.
Speaker 1: I've already my husband and I have already set aside.
Speaker 1: Alyssa's my stepdaughter. She's fifteen. Her college fund is paid for.
Speaker 1: It's fully funded. Like my house is paid off. I
Speaker 1: paid off my parents' house, I paid off my student
Speaker 1: loan debt. But I'm like, the last kind of like
Speaker 1: thing I really want to do for my family is
Speaker 1: to pay off like their college funds, like let them
Speaker 1: be fully funded. And then, you know, so like if
Speaker 1: I can in the next five years to say, cause
Speaker 1: let's just say it's two hundred fifty thousand dollars per kid,
Speaker 1: you know, so it's like if I can trade my
Speaker 1: way to you know, just one hundred a million dollars
Speaker 1: in the next three well, honestly, there are at like
Speaker 1: six and four and three, so we have plenty of time.
Speaker 1: But you know what I mean, but that would be
Speaker 1: a goal of mine. But also, oh two, I want
Speaker 1: to trade my way to not only funding their college fund.
Speaker 1: I told you know you before, Mandy, that I want
Speaker 1: to adopt I start adopting kindergarten classrooms in under you know,
Speaker 1: in economically challenged neighborhoods, to tell parents, if you get
Speaker 1: them to college, I will get them through college, and
Speaker 1: to pay to set aside, Like, okay, how much is
Speaker 1: ten kids times this amount of money per college. There's
Speaker 1: a woman who did that already, and like with her,
Speaker 1: you know this one classroom. Well, I think she's done
Speaker 1: a six or seven by now over the last thirty years.
Speaker 1: So I she inspired me, and I want to do that,
Speaker 1: you know. And so how do you get that kind
Speaker 1: of money? I know, I'll get people who will donate money,
Speaker 1: you know, to that cause, But how do I provide
Speaker 1: for those kids in that way? And so, you know,
Speaker 1: trading It's the thing like that, you know, I needed
Speaker 1: like a battery in my back because I feel like,
Speaker 1: you know, I make enough, more than enough money for myself,
Speaker 1: but like to go for more, sometimes you just need
Speaker 1: that extra push. And so now I'm like, you know.
Speaker 2: Here's extra reasons why it's hard for me to look
Speaker 2: past my own child than my husband, like the fact
Speaker 2: that you're thinking of my siblings don't have any kids yet,
Speaker 2: but I'm like nieces and nephews, they'll take care of themselves.
Speaker 2: They got daddies and mom. But no, I mean thinking
Speaker 2: beyond yourself and think. You know, I think it's wonderful
Speaker 2: that you are thinking so big and putting a goal
Speaker 2: to the number, because otherwise it just feels like the
Speaker 2: money is It's like you said, like what is the
Speaker 2: money for giving it a purpose?
Speaker 1: Yeah, this is really awesome. You so much for being
Speaker 1: such an amazing guest. Where can people find you?
Speaker 3: Like?
Speaker 1: Where are you? And where can they find you?
Speaker 3: Thank you for asking, because girl, these impersonators on Instagram
Speaker 3: so many people. Yeah, so it's at Terry Egoma. But
Speaker 3: let me spell that for y'all guys, because people spell
Speaker 3: it wrong. So T E R I I J E
Speaker 3: O m A. There's only two eyes. There's somebody out
Speaker 3: there with three. That's not me.
Speaker 1: My sister's name Ejama, that's my sister's name. Oh yeah,
Speaker 1: it's very good travel.
Speaker 3: Yeah, it mean it's good journey and so like it's
Speaker 3: meant to be. But yep. So that's my name, Terry
Speaker 3: Joma and you can find me on Instagram there or
Speaker 3: on YouTube or or Instagram as well under Trade and Travel.
Speaker 3: So find you're important.
Speaker 2: To and you just see a happy black woman walking around.
Speaker 1: Her best life. If you Terry, where can I watch
Speaker 1: your documentary real quick? Because they need to see that.
Speaker 3: Okay, so subscribe to the YouTube channel. It's YouTube dot
Speaker 3: com slash Trade and Travel. We'll be launching it there soon.
Speaker 3: It's not out publicly yet, but subscribe to the YouTube channel.
Speaker 1: When y'all see this house, you're gonna be like, oh,
Speaker 1: this is where Harriet Tubman met.
Speaker 2: Well, it's not my dingy little Zenden basement. Okay, fine,
Speaker 2: Oh Terry, it's been so fun to have you on.
Speaker 2: I cannot wait for y'all to hear this show. We'll
Speaker 2: have all your links in.
Speaker 1: The show notes.
Speaker 3: Thank you, thanks for having me.
Speaker 2: Take care, Thank you, Terry,