I’m featured in the New York Post again … This time, it’s to feature news this announcement about my charity: nonprofit Karmagawa to donate $1 million for children in Yemen.
NEW NY POST ARTICLE ABOUT MY CHARITY'S $1 MILLION DONATION TO YEMEN! https://t.co/lbnDFWy13g Please share on $FB $TWTR everywhere, let's inspire more traders to give back to people in need too! GREAT work @karmagawa community, we did this TOGETHER! #teamwork #charity #helpyemen
— Timothy Sykes (@timothysykes) August 3, 2020
This donation is urgently needed. I’ve talked about it before — the situation in Yemen is catastrophic.
You can still contribute to this incredible cause — donate here. We’re grateful for anything you can give.
Political turmoil, the pandemic, and a cholera outbreak have put insane stress on the population. The people of Yemen are lacking in basic human needs like food, shelter, and medicine.
Right now, as much 80% of the country’s population — that’s more than 24 million people — are in need of humanitarian assistance.
Most horrifying of all? The effect on this crisis on the children of Yemen.
According to this Karmagawa post, a Yemeni child under the age of five dies every 10 minutes. Many of these deaths could be prevented with proper supplies, nutrition, and care.
I’m proud to contribute to…
Table of Contents
$1 Million for Children in Yemen
This is actually my second $1 million donation in the past few years. The first was to Pencils of Promise, to build 20+ schools.
This time, the donation will go toward things like home repairs, emergency shelter, food, and medical supplies and efforts in Yemen.
In total, it will be divided between about 10 different charities to assist this war-torn country, including Doctors Without Borders, UNICEF, and the World Food Programme.
These are groups that have people on the ground in Yemen. They’re positioned to do a lot of good with the funds and resources this donation will provide.
I’m proud to be part of this donation, but I didn’t do it alone.
Thank you to everyone who has donated. I’m incredibly grateful, thankful, and humbled by the generous donations from others, as well as the fact that my social media reach helps me to bring this much attention to such a worthy cause.
The Power of Trading and Social Media
I started day trading with my bar mitzvah money, and I made my first million* while I was still in college.
Does that mean I peaked early? Nope. The really interesting stuff happened after that…
I got rich, and I’ve been featured in the media (check out last month’s NY Post article here)…
I wrote an autobiography, “An American Hedge Fund”…
Then I became a day trading teacher and have guided thousands of students to become self-sufficient traders…
Through my Trading Challenge, I’ve helped traders develop their own consistent trading strategies. I’ve helped create several millionaires like Tim Grittani, my top student who started with $1,500 and has now surpassed $12 million in profits.*
But it’s only now, 20+ years into my trading career, that I feel like I’m really getting to the good stuff.
One thing I’ve learned is that when you become rich, and when you have a big presence on social media, you start to have influence. People start to listen to what you have to say.
So when I posted about my Yemen fundraiser, people listened.
(*Please note: My trading results, along with the results of my top students are far from typical. Individual results will vary. Most traders lose money. My top students and I have the benefit of many years of hard work and dedication. Trading is inherently risky. Do your due diligence and never risk more than you can afford to lose.)
Yemen Fundraiser
When I first posted the fundraiser to help children in Yemen on social media, the goal was to raise $200K.
After we raised $95K in just 12 hours, we knew we’d blow by the original goal…
This is why I love social media so much, we have now raised $95,000+ in the past 12 hours in our @karmagawa fundraiser to aid in the #YemenCrisis & add in the $25k I made from trading yesterday + $5k so far today, that’s $125k so far, see https://t.co/qPWrn4EnXb & help Yemen too! pic.twitter.com/jp8FD2xmjD
— Timothy Sykes (@timothysykes) June 16, 2020
So we decided to go big and raise the goal to $500K.
Through combined efforts on my social media, Karmagawa’s social media, and the many, many people who shared the posts, this fundraiser reached a huge audience.
Even in these trying times, people have been willing to give.
Some people gave a little. Some gave a lot. It all matters.
Right now, with four days left on the fundraiser, we’ve raised $537,848. I’d love to see it get to $600K.
I’ve donated about $370K from my June and July trading profits* … An additional donation from Karmagawa merch profits has brought the total donation to $1 million.
It’s my honor to donate and help make the world a better place. I’m proud that I can contribute to help the children in Yemen.
Evolving Goals: $1 Million to Children in Yemen
Over the years, my goals as a trader have evolved. I used to care about things like fancy cars. Now, giving back and making a difference in the world motivates me.
I’m super proud to be featured in the New York Post again for the second time in less than a month. Especially for a cause that I’m so passionate about.
Going Viral for a Good Reason
Some people don’t like how public I am about causes like this.
“Why can’t you just donate anonymously? Why do you have to make it such a big deal?”
I do it because people need to know what’s going on in the world. The children in Yemen need our help. We have the potential to pull together and make a difference.
I have a platform through my social media following. My voice can reach a lot of people, so I want to spread the word.
And this can have huge ripple effects. That’s why I want this to go viral.
If we all start talking about the tragedies around us and how we can all help, I believe more people will contribute.
As more people share, it can inspire even more people to do right by the planet and humanity. This can spread to different causes and have a real impact on the world.
For example, after I posted, it inspired this trader to make a donation of his own to the Wounded Warriors Project …
It’s not the first time this has happened. After my $1 million donation to Pencils of Promise, it inspired Brian Rose from London Real to make a donation after I was featured on his show…
You’ve gotta understand … visibility is KEY to spreading the word.
For instance, I owe a debt of gratitude to Mat Abad, my Karmagawa co-founder. He helped increase our reach by designing awesome charity merch. His vision and ability to attract people brought it to the next level. We now have over a million Instagram followers!
The following, the merch — it took my charitable efforts to the next level. When you’re visible like this, great things can happen.
I try to inspire my trading students to give back, too.
+$7,832 for me today on $RVVTF $RLFTF $NXTD $TTCM $OPTI $FORD & 100% will be donated to charity, just like this great new @nypost article https://t.co/Qb2x9XnPhA that I'd love you to share with your followers because more traders should donate their profits to help the world too!
— Timothy Sykes (@timothysykes) August 3, 2020
I don’t need my students to donate 100% of their profits to charity. 10%, 5%, even 1% — it all matters.
Every bit counts. It adds up, just like how small gains add up in the market for traders.
There’s Still Time to Help Make a Difference
So far, about 19K people have joined in the Yemen fundraiser on Facebook. I’d love to see it go up even more — and there’s still time to donate.
DONATE HERE TO HELP GIVE THE PEOPLE OF YEMEN A BETTER LIFE
Anything you can give is amazing.
Can’t donate? You can still contribute. Share the fundraiser on social media.
There’s so much good we can do with our charity partners, including Partners Relief and Development and Mona Relief in Yemen. They have packages that cost a little over $50 that can feed a family of up to six for a full month. These donations can go very far.
Are You Ready to Help Change the World?
I hope you see why I care about these charitable efforts so much. By using the platform I’ve developed through trading and teaching, I have the power to do a lot of good in the world.
Wanna help? Consider donating. You can share the fundraiser. Share this blog post. And you can share this Facebook post.
Let’s make it go viral so we can do more good for the world and the children in Yemen.
Are you ready to give back and make the world a better place? How can you help today? Leave a comment!
Leave a reply