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

Government workers on the prospect of DOGE-fueled layoffs: ‘It kind of feels like we’re being villainized’

Federal employees are reporting mixed feelings about President-elect Donald Trump’s new Department of Government Efficiency and its ideas to cut costs by laying off workers and enforcing return-to-office mandates. Some are…

Elon Musk asks if the IRS should be ‘deleted’ after agency begs for $20 billion – here’s how X users responded

Billionaire Elon Musk asked social media users Wednesday if the Internal Revenue Service should be “deleted” — a day after a top Biden-Harris administration official urged Congress to…

Opinion: In the age of Trump, America should take a page from Machiavelli

Ever since Donald Trump was re-elected, I have been haunted by a passage in Machiavelli’s “The Prince.” “Whoever becomes the master of a city accustomed to freedom, and…

Elon Musk claims Tesla designed a car that can dive underwater

At Tesla’s annual shareholder meeting on the morning of June 12, Tesla CEO Elon Musk said the company had designed a ‘submarine’ car like in the 1977 James…

Elon Musk’s $35 mn Texas mansion: A family haven for 11 kids, their mothers

Elon Musk has purchased a $35 million mansion in Texas, designed to accommodate his blended family of 11 𝘤𝘩𝘪𝘭𝘥ren. The estate aims to foster co-parenting and family bonding…

Is Elon Musk going to announce a $299 Tesla phone with satellite connectivity?

PolitiFact, a website specializing in verifying shocking news online, has published the results of its verification of information about Elon Musk announcing a $299 Tesla phone, causing a…

Leave a Reply

Your email address will not be published.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