I'm an ELITE POPULAR INVESTOR on eToro
- Ishfaaq Peerally
- Feb 26, 2021
- 2 min read
🚀A comment on one of my YouTube videos about 4 months ago said that my channel would grow when people understand that I was right about GameStop $GME . It is not only my YouTube channel that grew but also my status on eToro. 𝙄 𝙖𝙢 𝙣𝙤𝙬 𝙖𝙣 𝙀𝙡𝙞𝙩𝙚 𝙋𝙤𝙥𝙪𝙡𝙖𝙧 𝙄𝙣𝙫𝙚𝙨𝙩𝙤𝙧 𝙬𝙞𝙩𝙝 𝙤𝙫𝙚𝙧 $𝟮 𝙢𝙞𝙡𝙡𝙞𝙤𝙣 𝙞𝙣 𝘼𝙨𝙨𝙚𝙩𝙨 𝙐𝙣𝙙𝙚𝙧 𝙈𝙖𝙣𝙖𝙜𝙚𝙢𝙚𝙣𝙩.
💰I started investing on eToro in March 2016, investing $100 on the first day (which was half my monthly income). I gradually invested most of my savings. My beginnings, however, were disastrous as I lost over $700 on $2000 invested in the first six months. I decided to 𝙗𝙚𝙘𝙤𝙢𝙚 𝙖 𝙫𝙖𝙡𝙪𝙚 𝙞𝙣𝙫𝙚𝙨𝙩𝙤𝙧. If it worked for Warren Buffett $BRK.B , why not for me? I invested much in my own education (I have a background in physics, not finance). My stats were improving and I was also sharing a lot of information on the feed and eventually in April 2017 became a Popular Investor. And since then, I've been beating the market $SPX500 with over 60% returns annually.
💸 When I became an Champion Popular Investor, I could then have an income from eToro and eventually decided to make 𝙖 𝙘𝙖𝙧𝙚𝙚𝙧 𝙛𝙧𝙤𝙢 𝙞𝙣𝙫𝙚𝙨𝙩𝙞𝙣𝙜. As an Elite Popular Investor, my income is now based on AUM. So the more money, I manage, the more money I make.
💼 My YouTube channel cannot be monetized for the time being (because of country) and my 𝙤𝙩𝙝𝙚𝙧 𝙨𝙤𝙪𝙧𝙘𝙚 𝙤𝙛 𝙞𝙣𝙘𝙤𝙢𝙚 𝙞𝙨 𝙏𝙚𝙖𝙘𝙝𝙖𝙗𝙡𝙚, where I have about 50 members on my Investment Research Partnership.
😊 Of course, I'll reinvest all my income. I'm not going to buy any yacht. I don't need one to be happy. What will make me happy is to grow my portfolio and eventually start my own hedge fund. I'll always stay on eToro as it allows people to have access to "hedgefunds" with only $500. But I need my own fund where I can some more control in the companies I invest in. I want to do some activism/VCs... 𝙏𝙤 𝙥𝙪𝙩 𝙖 𝙙𝙚𝙣𝙩 𝙞𝙣 𝙩𝙝𝙚 𝙪𝙣𝙞𝙫𝙚𝙧𝙨𝙚.
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