Who are you?
I am an ambitious guy who is passionate about making money. My aspiration in life is to succeed in the business world. I want get out of the rat race and become financially independent. I am on my way to accumulating a huge amount of wealth.
What is your background?
I am in my mid-twenties. I live and grew up in New York City. I attended all my schools here. I have a bachelor’s in Computer Science. I used to think that computer positions would make me good money, but now I know where the money is. I study the stock market during my own time and I love learning about investing. Computers have become more of a hobby to me now; business is where my life is.
What do you do for a living?
I am currently a Business and Systems Analyst for a huge government project in New York City. I used to do database and reporting work, but I have shifted my focus towards the business end. My next position would have more involvement with business.
Why did you start this blog?
Initially, I wanted to keep track of my student loans. I started out with 30K in student loans and I established a plan to pay them off. I gave myself a deadline and a roadmap to achieve the goal. I was able to meet my goal and cleared out my student loans in November 2006.
Then I started to write more about investing and investment ideas. I turned it into a money blog with a strong emphasis in investing, because I believe investing is a key to growing wealth.
How did you come up with the blog name, Growing Money?
A smart farmer would grow two apple trees. He would eat off one tree and sell the fruits on the second tree. Then he would take the seeds and grow more trees. Eventually, he would have a forest of money-making trees. He was growing money.
Base on the same idea, I would use my seeds to grow more money. They say making the first million dollars is the hardest. Because once you have the first million, the rest of the millions will just flow in.
Has starting this finance blog helped you in any way?
I’m not sure if it has helped me directly, but I can see myself grow. In the first year of my financial blog, I was trying to get out of debt. During my second year, I talked a bit about stocks, but I had little money. A year later, I bought a single-family rental property and covered real estate topics for a while. Now, I have a strong focus on stocks and businesses. And I can see myself shifting more to business topics as I gain more wealth. I think this may be the path to my financial success.
What are your goals?
I strive to build a successful global business that covers USA, China, India, Russia, and Brazil.
My ultimate goal is to have a huge, growing passive income and live in a lavish lifestyle without working. Ideally, I would be collecting rent from my real estate properties and payouts from a portfolio of high-yielding dividend stocks.
How much do you want to make in your goals?
I’m building a financial empire here. I’m going for One Billion.