Stock market beginners often want to know how to get in on the ground level of a stock that is going to rise. They often ask about IPO’s. An IPO is an initial public offering, or a company that is going public for the first time. There’s usually speculation on the Internet and in the news about how this is a great time to get into that stock. Should you own a stock when it first goes public? Tyrone's opinion is that you should never purchase a stock when it first goes public, because a company that is just going public raises money through the sale of stocks and sometimes bonds to expand their business. At that point we don't know anything about their marketing plan and what they are going to do with the money that they raise. This means there is more risk involved with that stock. There is no track record for how much the company is spending and earning. The closest you should ever come to buying an IPO is one year after the company has gone public, because there will be one year of revenue and four quarters of revenue growth as proof.

In this episode, Tyrone Jackson interviews his student Darcy Parsons. Born in Peekskill, Darcy attended school in Buffalo before moving to New York City where she became a producer. She worked on SNL for a few years as segment producer for anything filmed outside of the show. With experience in advertising and producing Darcy eventually moved to Los Angeles and worked in commercials. She opened her own company, Brewster Parsons, which specializes in photo real visual effects, direction, design, and project management.

Darcy had invested in the stock market in the late 90's and lost $10,000. She swore she would never invest in the stock market again. Instead she dappled in real estate investment. But when Darcy met someone who knew Tyrone and recommended his class, she decided it couldn’t hurt to hear his method. She was inspired by The Wealthy Investor program because there was accountability and monthly classes to make sure that the students are current with what is happening in the market. As a creative and a visual person, she enjoys that Tyrone's method simplifies something that is so extremely complex.

Darcy went to the class for 6 months before making her first trade. She made her first trade with Ebay and made $750 on a volatility trade. She made $2,000 her first month and became a believer.

In the Wealthy Investor Program, Tyrone and his students are simultaneously both traders, taking income in off a covered call or volatility trade, and investors who build wealth by building positions on $5 buy signals. Darcy has a few long-term positions in stocks that she uses this technique to build. This basically means that when you buy shares of a stock, you wait for it to go up five dollars to prove that it’s worthy of another round of investing.

Darcy also believes that dividends are hugely important. For example, Darcy owns Macy’s stock, which has dropped, but she is still capturing the income from the dividend. She also believes that this stock is a good long-term “date” and plans to hold onto it for a while.

As a single mother of twins, Darcy is very grateful that they are enthusiastic about the stock market. Her son actually begged to open a trading account, and she opened one for him 3 months ago. Darcy’s children will have this financial education that will affect the rest of their lives. If she had had this education when she was younger living in New York in the 80’s, she says that instead of buying shoes she would have bought Microsoft!

To those who are afraid of losing money, Darcy says that it is not realistic to think you can invest and never lose anything. You can’t control what happens, so you set off with the best intentions, acknowledge that there is some risk and try do things with the lowest risk possible. So you assess what it looks like and go with your gut.

Your gut should be telling you that you deserve to grow your wealth too! Visit TheWealthyInvestor.net to start your financial education today. As Tyrone says, “Stay open and stay positive!”

Tyrone Jackson, the Wealthy Investor, teaches his students how to change their financial situation by investing and trading in the stock market. However he also teaches that before you even buy your first stock, you must change your inner game - the game behind the game. 

Tyrone himself had mental blocks when he was younger. Being raised by a single mother, it had been drilled into his brain that he must work overtime if he ever wanted to put money away. This mindset affected his deep seeded feelings towards money. This created a paradox as he grew older; his feelings told him that he should be small, while his brain told him that he should do great things in the world. It took him a while to learn to let go of someone else’s desires of what was meant for him in life. 

Years later, after accomplishing many great things, Tyrone had the chance to sit down in Texas while at a seminar event with Dana Garrison. Dana is really good at helping people become acquainted with their inner blocks so they can have the life that they deserve financially. 

Dana Garrison started out as a therapist and in that time period she learned that 10% of what shows up in our life comes from our conscious mind and conscious thought while 90% of what shows up comes from our unconscious thoughts, habits, and patterns. She set out to study how to change our unconscious thoughts and habits and she came up with something called family entanglement work.

Family entanglement work helps people to become aware of generational patterns that we inherit from our families surrounding money and success. Problems and stresses our descendants may have had with money can literally become a part of our DNA. Once aware of these issues and “entanglements” the next step is to address them in some way, shape or form. 

For example, many people have a lack of unconscious permission for abundance. Once we address that lack, and start to give ourselves permission, we can be amazed at what we attract. 

Dana Garrison realized at 15 that she wanted to create as much positive change as possible with her life and she realized one of the ways to do that was to work with people who are going to help other people.  If she can free other people to be the post powerful, empowered selves, so they can live the life they want to live and do what they came here to do then she knows that she is making exponential change on the planet. Get a free gift from Dana by visiting her website here: www.danagarrison.com/gift

Want to start by making exponential change in your own life? Visit WITradeSchool.com now! Click HERE. 

Zane Mark is a successful musician and conductor. His father was a reed player, playing all the wood wind instruments with the Ellington Band and eventually Broadway. Music stayed in the family as Zane, his wife, and his daughter have all been on broadway. Mr. Mark is well known for co-composing the show Bring in the Noise, Bring in the Funk.   

When the money first started coming in and Zane’s musical career started taking off, he bought stock in mutual funds. There was no rhyme or reason to what he bought and he lucked out that it always worked out in his favor. Zane didn’t have a financial education but he knew that if you made $1 a week for 52 weeks and your bills came out to $60, you needed to do something else. 

Zane felt that if he stuck his money under the mattress it wasn’t going to be able to keep up with inflation. If he just threw it willy nilly into the stock market, he was begging to lose it all. Just like there needs to be a class on parenthood, there needs to be a class on how to handle your money. So when her Broadway show got in the way of Zane’s wife signing up for Tyrone’s Wealthy Investor class, Zane took the class in her place. 

Now with his financial education, Zane feels that he understands what the cost of living is, he can keep up with it, and now with his investments and trades he is able to surpass it. This has enabled him to relax and not worry when the phone doesn’t ring with another musical gig.

Zane generally trades stocks that pay out dividends. He owns Dow components such as Home Depot and American Express. The only non-dow component stock that he owns is Starbucks, and it is only a small part of his portfolio. This year has been much better for him because most of his portfolio is in DOW components. He tries to trade five contracts at once to make the fees worth it. Zane’s favorite trade is a simple covered call.  

Mr. Mark's favorite stock used to be McDonald’s but now it is Disney. They have so many things in their wheelhouse it feels like, how could Disney go wrong? They just announced that they are going to split their dividend. He has been investing in Disney for a little over a year. 

Want to gain a financial education so that you can relax like Zane Mark?

Visit WITradeSchool.com now. Click here.