Timothy Sykes and The Million Dollar Accident

When you read stories about people who are actually making a name for themselves in Wall Street, most think of a middle ages guy working his tail off for some company for the last 20 years. But this story is going to crush that old stereotype you might have had.

Read further if you want to learn how a million dollar accident turned into a full time career and made a college student a multimillionaire in less than 3 years.
Here is the short version of the story. Timothy Sykes the author of the new book, An American Hedge Fund received $12,415 Bar Mitzvah Gift money at the age of 16 and turn it into of $1.65 million from 1999 to 2002 while attending college at Tulane University. He was studying Philosophy and Business. From that time he kept it in a standard savings account. When he was 18 he asked his parents to release the money so he could start investing it. The young student was in for the ride of his life. Although his parents thought the same thing but thought he would just learn a good lesson and loose all the money then focus on a regular college education and a regular job after. What fun a phone call that must have been for Tim, informing his parents that they no longer need to worry about his financial future.

While in school he was an avid tennis player, a very fortunate thing happened he got injured and was forced to focus his time in another areas of interest while he was healing. This is when he made the bulk of his money. This is why Tim's father calls it the " million dollar accident".

He went on to graduate with a B. A. in Philosophy from Tulane in 2003. Since then Timothy has been very busy. Like founding his hedge fund he started called, Cilantro Fund

Management, LLC in 2003. Featured on many tv programs and a house hold name on wall street. Things can change when you have two motivational advantages, youth and drive.

How did he do it you might be asking your self? We are not going to comment on how but more on the wow. You can visit his web site for more in depth information and his new DVD series Penny Stock Trading Strategies To Maximize Your Profits

You can watch a video clip from his web site its only about 3 minutes. He says"This is a very basic clip from the introduction section, trust me, it gets much more specific". The DVD set is $279 and you get a free signed book Titled An American Hedge Fund . Which sells for $20 at amazon.com.

He is been featured on the cover of Young Money magazine check it out at youngmoney.com. Which makes it his first magazine cover.

His newest adventure is going to be a challenge he has coined the phrase TIM " he says I'm calling this new venture 'TIM', short for Transparent Investment Management". Where he is taking the original amount $12,415 and going to try to turn it into over $2 million. He has not set a time frame from what we can tell... but overtime it is possible. Plus it will be a validation not only for him but for wall street that he is bona fide. Ya he got lucky of coarse but he really wants to chart his success which he will do at his bog Timothy Sykes. One of the stock trading tips he talks about is keeping a trading journal. He will go into all this step by step until he reaches $2 million. Good Luck Tim we at Mixed Drink World cant wait to write another success story when he reaches the big number.

 

We at Mixed Drink World cought up with Tim for second out of his busy schedule to find out exactly what he drinks and what he enjoys in his leasure time.

MDW: Tim what is your top 3 mixed drinks ?

Tim Sykes: As for drinks, when not trading, I believe in having a good time. I used be
a Jack and Coke man, but got a little too crazy with that stuff (like
playing Jack Pong instead of beer pong :) So now my top 3 drinks:

1. Ketel and Soda,"Perhaps the healthiest cocktail around, and I like mandarin flavored club soda, it's delicious! Ketel is by far my favorite vodka, although after a
tough day of trading, I try to save some money by going with Svedka--it's
great quality for the price".

2. Jägermeister and Red Bull also know as a Jager Bomb, "This is a drink I like to sip for hours. I know most people take it as a shot, but I enjoy the taste too much to take it down that quickly".

3. Margarita, "Smooth and relaxing, particularly satisfying after the markets close on a
Friday afternoons".

MDW: Thanks "Tim" Great choices. we will have to try the Ketal and soda sounds great with the mandarin soda.