With the tough economic times, every American is yearning to make an extra coin. Although many people know about the stock market, most of them shy away from trading in stocks because of the risk associated with the trade. However, Paul Mampilly, an expert in stocks trading, has devoted his life to reaching out to Americans who are interested in stocks but are overly risk averse or are unaware of promising stocks to buy. Mampilly does this through a newsletter, “Profits Unlimited,” that he recently founded.
Profits Unlimited, although recently established, has a whopping 60 thousand subscribers which go on to confirm that investors trust Mampilly’s advice and rightly so. Mampilly is not your average financial advisor; he has over 20 years amassed from working on Wall Street. At the height of his career, he was a hedge fund manager at Kinetics Asset Management where he grew the company’s assets to $25 billion. Mampilly has also worked with leading brands such as Bankers Trust, Deutsche Bank, and ING.
As a hands-on expert, Mampilly never misses a chance to demonstrate his expertise. In 2012, he invested in Sarepta Therapeutics and made over 2000 percent profit. He also invested in Netflix in 2008 where he also made a significant gain. Mampilly is the also the winner of the prestigious Templeton Foundation investment competition. He was declared the winner when he bought and managed stocks that grew by over 76 percent to $88 million, up from $50 million. Mampilly is the financial advisor that everyone desires to listen to.
The stocks that Mampilly has singled out in his newsletter are doing well so far. In fact, some of the stocks he advised he readers to buy are up by either 11 percent, 15 percent, 20 percent, 45 percent, or 116 percent. Of course, Mampilly is not perfect, and some of the stocks he recommended are not performing as expected, but the difference is that the few stocks that are performing poorly are doing so by a small margin (less than 2.5 percent). Generally, Mampilly’s average stock selection has increased by 14.5 percent meaning that an investor who committed $10,000 to buy the said stocks is now $1,450 richer.
Mampilly thinks that forward-thinking investors should consider the Internet of Things (sometimes shortened to IoT) and trends spearheaded by the largest segment of the American population: millennials. Investing in the two guarantee investors a fortune in future. Read more http://www.bizjournals.com/triangle/potmsearch/detail/submission/6423751