News

Amazingly, this 27-year-old businesswoman turned $10,000 into $2 million.

Tiffany James, a 27-year-old African American woman from New York City, turned a $10,000 investment in the stock market into $2 million in just 2 years. Later, she founded Modern Blk Girl, which helps educate women with her investing strategies to help them build wealth.

In 2019, James was struggling with her student loan debt while making ends meet when she followed a coworker’s advice to invest in Tesla stock. The shares at that time were only $60 to $70 each. She decided to take the risk and started gradually investing $4,000.

James, who was then 25 years old, invested a total of $10,000 in long-term LEAPs, S&P SPDR exchange-traded funds, and the stock market, including Tesla and semiconductor chip stocks. Since then, she has grown her portfolio to 2 million dollars.

However, she noticed that the investment and trading community is still dominated by white men. James, who is a daughter of Jamaican and Haitian immigrants, aimed to change that by launching Modern Blk Girl. In this online community, she gives practical investing advice that is encouraging and accessible. With more than 225,000 women, she is happy to share her knowledge with others.

“If you educate a woman, you educate a village,” she told CNBC. “If a mom starts investing, she tells her kids.”

James advises those who want to get started to constantly get ready to invest and think broadly about where to put the investments. She also encourages women not to be afraid, saying that “investing is a necessity, not an option” and it will open doors to greater financial freedom.

“There are scarier things we deal with every day as women,” James said, emphasizing that by making money in the market, “We can live the lives we want to live.”

Related Posts

Garcelle Beauvais’ 3 Kids: All About Oliver, Jaid and Jax

Garcelle Beauvais has one son from a previous marriage and twin boys with her ex-husband Photo: Oliver Saunders Instagram Garcelle Beauvais is a fiercely protective mama to her three…

In 1963, Avedon Took a Picture That Shed Light on America

William Casby, who had been enslaved, was 106 when a famous photographer asked him to sit for a photo. May 8, 2023You’re reading the New York Today newsletter.  Metropolitan…

Floyd Mayweather: The lonely king of boxing

 Boxing in the 21st century is a playground for many big names, making this sport more and more crowded. However, to call who is the real king of…

Adeola Sowemimo: Nigeria’s first female Boeing 787 pilot is an inspiration to African women

Adeola is a trailblazer and an inspiration to all African women, young and old alike. The era where people identify some professions only to the male gender is…

David Steward: The Richest Black Man in America, But Not for the Reasons You Think

Steward’s vision for STEM City USA is rooted in his belief that technology can and should be used to bridge gaps in education and opportunity. In a world…

Derrick Hayes: American restaurateur and CEO of Big Dave’s Cheesesteaks

Derrick Hayes is charismatic, driven, humble, confident, and honestly the epitome of American exceptionalism and the embodiment of the American dream. However, the now 35-year-old’s life, he just…

Leave a Reply

Your email address will not be published. Required fields are marked *