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Humanitarian Crisis: Karmagawa Fundraiser for Afghanistan Refugees

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Written by Timothy Sykes
Updated 8/31/2021 11 min read

Afghanistan Crisis Fundraiser: Key Takeaways

  • The Afghan people are in crisis — here’s what you can do to help…
  • Details about my Karmagawa fundraiser for the people of Afghanistan…
  • Why I’m pledging to match donations dollar for dollar…

The people of Afghanistan are suffering. Let’s do what we can to help. I’ve created a fundraiser for Afghanistan with my charity Karmagawa

Donate here!

Right now, we’re raising funds to help the Afghan people. Our goal is to assist Afghan refugees and those who are trying to escape from the new Taliban rule.

We’ll be helping to fill their basic human needs during this URGENT crisis.

Keep reading to learn more about the fundraiser and what you can do to help…

Fundraiser for Afghanistan: This Is Urgent

Right now, the Afghan people are in crisis.

Warning! Graphic Images: Some people may find the following content disturbing.

 

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In April 2021, President Joe Biden announced that all U.S. troops would withdraw from Afghanistan. Since then, much of the country has fallen into the hands of the Taliban.

Many people need assistance because they’re unable to meet their basic needs. That’s where the fundraiser comes in.

Along with Karmagawa, I’m raising money to help the Afghan people.

Most immediately, we’re providing food, water, medical treatment, and temporary shelter.

We’ll be donating 100% of the funds raised to several charities including Partners Relief & Development and Save the Children.

We’re also in discussions about how to best help locally in Afghanistan. Your donations can help save lives and improve the lives of those who are suffering.

Donate to the people of Afghanistan here.

Matching Your Donations

Every last donation helps — no matter how great or small.

To help maximize the efforts of this fundraiser, I’ve personally pledged to match all donations dollar for dollar.

I’ve had an incredible year of trading … As of the end of August 2021, I’m up over $960,00 in profits for the year.

I’m proud to donate all of my profits to charity. Right now, I couldn’t imagine a more worthy cause than donating to the people of Afghanistan.*

Even if you can’t donate, please contribute by sharing this fundraiser. Help us reach more people. 

It’s so important for people to see and understand what’s happening in Afghanistan right now. By helping people who are suffering, we’re investing in the well-being of the world at large.

 

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Why Donate?

Some people might be tempted to think Afghanistan has nothing to do with their lives. They just want me to give them hot stock picks so they can get rich quick.

I take issue with that. First, trading isn’t about a get-rich-quick mentality. If you want to avoid being one of the many traders who fail, you’re going to need to study and work hard. Even then, there are no guarantees.

Second, while it might seem like Afghanistan is another world, it’s really not. The people of Afghanistan are human beings just like you and me. But right now, they are in dire need of assistance.

If events like these continue to occur unchecked, how long will it take for the travesties to spread closer to home? How long will it take until your safety is threatened and you don’t have the freedom to trade?

It’s our responsibility as humans to improve the situation of others who are in less fortunate situations.

No people should be suffering or denied basic human needs. That’s why, along with Karmagawa, I’ve created this fundraiser.

Afghanistan Fundraiser: The Details

Just to recap, here are the important details…

Afghanistan Fundraiser

Here’s the direct link to the fundraiser: Karmagawa’s Fundraiser To Help The Afghan People

The Karmagawa Afghanistan fundraiser will donate to the following groups:

These established charities are both in a fantastic position to provide relief.

DONATE HERE TO HELP GIVE THE PEOPLE OF AFGHANISTAN A BETTER LIFE

We’re SO thankful for any donation you can make.

 

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Help Us Help Afghanistan

I’d love to see this fundraiser become a runaway success like last year’s fundraiser for Yemen. We exceeded expectations and helped so many.

The people of Afghanistan have a very hard road ahead. People are suffering. Their basic human needs are not being met.

So yeah, our goal is to try to raise as much money as possible to assist them.

No donation is too small. Just as I say that small gains add up over time in trading, every donation counts. If everyone contributes a little, it can have a huge impact.

Please join us. Donate here.

Disclaimers

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*While Tim Sykes has enjoyed remarkable success trading stocks over the years, earning an aggregate sum of over $7.2 million in trading profits between 1999 and 2021, his primary income derives from the sale of financial education products and subscription services offered by various businesses and websites in which he has an ownership stake.


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Timothy Sykes

Tim Sykes is a penny stock trader and teacher who became a self-made millionaire by the age of 22 by trading $12,415 of bar mitzvah money. After becoming disenchanted with the hedge fund world, he established the Tim Sykes Trading Challenge to teach aspiring traders how to follow his trading strategies. He’s been featured in a variety of media outlets including CNN, Larry King, Steve Harvey, Forbes, Men’s Journal, and more. He’s also an active philanthropist and environmental activist, a co-founder of Karmagawa, and has donated millions of dollars to charity. Read More

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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”