At the 2018 Trader & Investor Summit in Orlando, I unveiled my new Rolls-Royce Wraith. It’s the latest addition to my collection and I wanted to share it with TI Summit attendees. (Many of whom are Trading Challenge students.)
Check it out:
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I bought this #rollsroyce #wraith for my grocery runs as both the @karmagawa and @stockstotrade teams eat a lot food and none of my other #exoticcars have enough trunk space for all our feasts! And I also had my parents drive it up from #miamibeach to unveil it at the #tisummit as this beauty is incredible #dailymotivation for my students so they can see the results of what 2 decades of #hardwork in the #stockmarket looks like to push them to #studyhard every single day so one day they can buy their own #exoticcar too! It’s pretty cool that growing up in small town #connecticut I could only dream about driving cars like this, now I’ve bought several of them…whatcha think, do you like it? Hopefully it also motivates you to #workhard and build your own dreams, not someone else’s! #buildyourowndreams #nodaysoff #mynewcar #proudday #dreambig #dailyinspiration #treatyoself #deliverycar #wraith #jewdreams #jewmobile
When I show off exotic cars there’s a reason. Keep reading. It’ll be clear and hopefully inspiring.
First I want to explain what made me buy a Rolls-Royce. Obviously, it’s a different style of car than my Lamborghini Gallardo or McLaren 650S. It’s not as flashy as my Ferrari. It’s actually my least favorite car in my collection. It reminds me of a hearse.
So why buy a Rolls-Royce?
Table of Contents
Supercars Have Small Trunks
Can you imagine grocery shopping in a Lamborghini? My car might be the coolest in the parking lot but it doesn’t hold much in the way of groceries. Nor do the other supercars pictured in this tweet:
— Timothy Sykes (@timothysykes) April 20, 2019
For those of you who like speed and power … don’t worry, the Wraith has a turbocharged V12. Not that I like driving fast — and it’s not going to win a race against my other cars. But the power is there if I need it.
The Power of Teamwork
This might sound crazy but the reason I bought the Rolls-Royce has to do with teamwork.
I’m so proud of the team at Karmagawa. Our mission is to change the world of charity. And not only donations. We want to change the perception of charity. There are many ways to help others around you — if you start thinking about it.
Even if you don’t have much money to give you can help others. You can start with a simple act of kindness. Like helping someone cross the street or giving canned food to those in need.
The whole concept of Karmagawa is to create your destiny through giving. The more good deeds you do, the more positive your destiny. Which is why we work so hard to spread the message of great charities and their causes.
We support environmental issues like saving the reef. We support charities like VetPaw to save endangered animals from poachers. We give to Pencils Of Promise to build schools for children around the world.
And while I’ve become the public face of Karmagawa, it takes a team to get everything done. Co-founder Mat Abad and the rest of the team do amazing work. So here’s to the Karmagawa team. Cheers, everyone!
StocksToTrade is the ultimate stock screener designed to help you find potential trades. My goal as a teacher is to create more self-sufficient traders. Yes, I want more top students. But it’s much more important to teach self-sufficiency. Every self-sufficient student is in a position to make powerful decisions.
StocksToTrade is an important resource for traders. Some of my students (you know who you are) still aren’t using it. I wish they would, as it’s a powerful tool. I get asked again and again how I found a specific stock. Designed with my top scans built in, the answer is nearly always STT. So if you’re not using it … start your 14-day, $7 trial now. I use it every day.
Like Karmagawa, StocksToTrade wouldn’t be possible without a team. Designers, coders, the support team, the marketing team … it goes on and on. So here’s to the StocksToTrade team. Cheers, everyone!
Which leads me to the reason for buying the Rolls …
Grocery Runs for My Teams
I started meeting with the Karmagawa and StocksToTrade teams in Miami. They can put away huge amounts of food! So when they were hungry …
… it presented quite a dilemma.
How do you feed that many hungry mouths and honor everyone’s dietary choices at the same time? And, how do you fit all those groceries in the trunk of the McLaren or the Lambo? It wasn’t happening.
When you have financial freedom — like I’ve worked hard to create — it gives you options. I decided to buy a Rolls-Royce Wraith for my grocery runs. Now I feed the teams and we get on with doing what we do best: changing the world.
But there’s another reason for my cars and for showing them off. It’s not to stroke my own ego. I have haters out there who say and write stupid stuff about my cars and my lifestyle. Haters gonna hate, right?
The tweet I shared earlier with the Lamborghini, the Aston Martin, and the Ferrari? Some idiot suggested the cars are rentals. (It’s in the thread on the post.) Like I rented them to take the picture and share on social media. As if.
I don’t need to rent the cars when I can pay cash for them.
But I do need to get your attention. We live in an amazing time in history. Opportunity is everywhere. Unfortunately, that means a lot of scammers are out there using the same tools as legit teachers. And some of them rent cars to make themselves look better. Losers. Ask them to share all their trades publicly.
If I only showed up on the internet with my desire to teach you to trade, a whole lot of people wouldn’t pay attention. Especially if I was driving around in a Chevy Spark. Nothing wrong with a car like that if it’s what you want. But nobody would pay attention.
So when I started this journey of teaching and giving to charity I had to ask myself this question …
How Can I Get Your Attention?
Supercars. Private jets. Videos from the first class cabin on an airplane. Pictures in infinity pools in exotic locations …
… yeah, all the material stuff that makes me look like I’m showing off …
… that’s exactly what it’s meant to look like. Why? Because to get students to take action they have to be inspired. I want you to get excited about a lifestyle beyond where you are right now. That’s why I make videos like this. (And it doesn’t diminish the power of the trading lesson.)
I’m not knocking it. I enjoy driving my exotic cars. Flying first class is wonderful. Hanging out poolside in exotic locations is awesome. Traveling to new countries and eating at some of the world’s top restaurants is incredible. And many of the places I travel to are for charity anyway, so it’s a huge bonus.
Give ‘em What They Want so They Want What You Offer
So glad you guys are digging this speech I gave from my #rollsroyce glad I can help you understand the marathon you’re in for if you take financial education seriously! https://t.co/80FeVrYyVo But as you can see…yes, it’s worthwhile over time 🙂
— Timothy Sykes (@timothysykes) October 1, 2018
I wanted to be rich from the time I was a young boy. And when I managed to become a millionaire* while still in college I thought I’d made it. So I did what a lot of young and rich do: I spent money. I rented a ridiculously priced penthouse apartment in Madrid, Spain.
I bought cars and traveled. I sat courtside at basketball games and had luxury suites for football and hockey games. I bought clothes and jewelry, chartered private yachts, and tried to buy happiness.
It didn’t work. None of that brought happiness. The biggest rush came when I was able to help others. Whether it be teaching traders or giving to charity … I get the most from giving. So why keep showing off? Why ask my parents to drive the Rolls-Royce up to Orlando last fall?
Sharing my material wealth is about one thing …
Your Inspiration Is What Matters
I’ve said it before in videos and on the blog: Money won’t make you happy. But it can give you freedom. And that’s what I want for you. Freedom. The freedom to live the lifestyle you’ve always dreamed of. Freedom is what I offer. But I can’t just give it to you — you have to work for it. It won’t be easy.
So I want you to get inspired. Take a look at the pictures of the Rolls in this post. Imagine what it’s like to drive it. Because it’s awesome. The stereo has 18 speakers … and it’s designed to adjust to noises outside the car. Imagine that. It’s the perfect car stereo wrapped up in the smoothest drive of your life.
And if it’s not cars that inspire you …
… if you get more of a rush out of giving back …
… then follow what we’re doing at Karmagawa.
Recently I interviewed my parents about money and our crazy lifestyle. It was interesting, my dad’s friends all love the cars. My mom’s friends are more about the charity work. My mom hates most of the cars but she does like the Rolls …
I hope you find inspiration in both charity and a great lifestyle. I’m not saying you should go out and buy a supercar or a Rolls-Royce. If that’s your dream, fine. But figure out what does inspire you. Define your dream lifestyle. Decide now how you want to give back once you’re free.
Whatever drives you — whatever inspires you — that’s what you need to focus on. There’s no magic button for getting rich.
Keep a vision of what inspires you top of mind. Every day. Use it to motivate you to get to work. Use it for inspiration when it’s time to study and you’d rather take a day off. No days off. Once you’re there — then you can take a day off.
You wouldn’t believe how this one habit can pay off over time. Other people take days off every week. How bad do you want it? My student Atiqe wanted it. He’s studied like mad. Long hours … late nights … but he stuck it out.
I can tell you from experience, giving back is the best feeling. Grocery shopping in a Rolls-Royce isn’t so bad, either. Especially when it brings a smile to the faces of my hard-working teams. Because all their hard work is about serving others. Dream a big dream.
Now get to work.
What are your dreams? What are you doing today to make them a reality? Share your dreams and inspire other readers. Comment below!