I’m proud to announce my latest $1 million in Karmagawa donations … This money is helping thousands of people and animals in need. It even got a feature on Yahoo! Finance…
But I don’t just want to tell you the dollar amount of the donations … I want to tell you exactly where the money’s going.
Full transparency is a way of life for me. It applies not only to my trading but my Karmagawa donations, too.
Donating to charity is extremely important to me. It’s become one of my biggest passions in life. I’ve donated over $5 million to charity over the years … And I want to keep giving more.
I’m excited to share the specifics of my recent Karmagawa donations. But first, a few important things…
Table of Contents
- 1 What Motivates Me to Trade
- 2 What You Need to Know About My Karmagawa Donations
- 3 My Latest $1 Million in Karmagawa Donations
- 3.1 $400,000 in Karmagawa Donations: Building New Schools
- 3.2 $40,000 in Karmagawa Donations: Helping Animals in Austin
- 3.3 $50,000 in Karmagawa Donations: Feeding People in California
- 3.4 $20,000 in Karmagawa Donations: Shark Guardian
- 3.5 $100,000 in Karmagawa Donations: Feeding People in Lebanon
- 3.6 $220,000 in Karmagawa Donations: Texas Food Banks
- 3.7 $100,000 in Karmagawa Donations: The Barstool Fund
- 3.8 $70,000 in Additional Karmagawa Donations
- 4 What Motivates You?
What Motivates Me to Trade
I’ve made over $6.9 million in trading profits over the course of my trading career.*
That’s an exceptional amount of money … It’s been life-changing for me.
(My primary income derives from the sale of financial education products and subscription services offered by various businesses and websites in which I have an ownership stake.)
It’s also shifted my goals and what motivates me.
When I first started trading, I wanted to make money so I could have a better life. I didn’t grow up rich … I grew up middle-class in Connecticut. You can learn more about my story in my autobiography, “An American Hedge Fund.”
(*Please note: My results are far from typical. Individual results will vary. Most traders lose money. I have the benefit of years of hard work, dedication, and experience. Trading is inherently risky. Do your due diligence and never risk more than you can afford to lose.)
Now, I have more than enough money to fund the kind of lifestyle I want … So why do I continue to trade? Here are my two primary sources of motivation…
1) Teaching My Trading Challenge Students
I started my Trading Challenge so I could help other traders learn my penny stock trading strategy.
My goal is to help them learn the ropes so they can branch off and adapt my teachings into their own unique trading strategy.
Every trade I make is a teaching opportunity.
I’m totally transparent about my trades. On Profit.ly, I post every trade I make with my position sizes and commentary on my entries and exits. I don’t want my students to follow my trades, but I want them to watch and learn from them.
2) Making Karmagawa Donations
I donate 100% of my trading profits to charity.
Years ago, I used to be motivated by things like fancy cars … Now, donating to charity is what drives me. Learn more about that in this post and check out where past donations have gone in this post…
View this post on Instagram
To me, seeing the positive impact that Karmagawa donations have on people’s lives and the environment is humbling. It’s a huge source of motivation for me. I want to donate even more!
What You Need to Know About My Karmagawa Donations
Here’s something most people don’t realize: making responsible donations requires a lot of effort.
Like with stock picks, it’s important to do research before sinking your money into a charity. When I give, I want to make sure my money is actually going to people in need.
It’s not always easy. Sometimes, there are fees or expenses associated with getting the funds to the right people or places.
With my Karmagawa donations, I pay these fees and expenses personally. So if you’ve donated to one of my fundraisers in the past, you can rest assured that your contribution is going directly toward the donation.
View this post on Instagram
My Latest $1 Million in Karmagawa Donations
I’m excited to announce my latest $1 million in Karmagawa donations. They’ve mainly been geared toward education and helping animals and people in need.
Here’s where the money’s going…
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$400,000 in Karmagawa Donations: Building New Schools
I’m proud to say that Karmagawa recently donated $400,000 to two different organizations to help build schools:
- $200,000 to the Bali Children’s Project
- $200,000 to Partners Relief & Development
If you follow me on social media, these names probably sound familiar.
I’ve already built over two dozen schools with the Bali Children’s Project … They do fantastic work and I can’t wait to see what’s next.
View this post on Instagram
I’ve also worked with Partners Relief & Development before. In 2020, $500,000 in Karmagawa donations went to Partners Relief to fund their work in Lebanon and Yemen.
After you study/work hard enough to take care of yourself/your family what matters most in life is what you can do to help others in need, I'm SO proud of what my charity @karmagawa is doing right now to help families in need in Yemen via our $500,000+ donation to @PartnersRelief pic.twitter.com/3UAJcG0dy9
— Timothy Sykes (@timothysykes) December 3, 2020
The more recent $200,000 donation is part of a new collaboration. It will be the first time we’ve worked with them to build schools. We’ll be building schools in Syria, Iraq, and Myanmar.
I’m a big believer in the power of education. It’s incredible how much $200,000 can do in developing countries … The impact is much greater than it would be here in the U.S.
$40,000 in Karmagawa Donations: Helping Animals in Austin
When my student Matthew Monaco passed $1 million in profits, I knew I wanted to do something special to celebrate.*
Here’s something you should know about Matthew: not only is he a talented trader and my 30-Day Bootcamp co-creator, but he’s an animal lover, too. Check out his cute dog Ella…
To celebrate his $1 million milestone*, I donated to two animal charities in his new hometown of Austin, Texas:
- $20,000 to the Austin Dog Rescue
- $20,000 to the Austin Humane Society
(*Please note that Matthew and Kyle’s results and reported profits are not typical. Most traders lose money. Individual results will vary. Trading is inherently risky. Before making any trades, remember to do your due diligence and never risk more than you can afford to lose.)
$50,000 in Karmagawa Donations: Feeding People in California
Another student-inspired Karmagawa donation! My student Kyle Williams passed the $1 million profit mark during the same week as Matt.* It was an incredible week for so many of my students…
Here’s a fun fact about Kyle: he’s as dedicated to his vegetarian diet as he is to his trading.
After he passed the $1 million profit mark, a few Challenge traders and I surprised Kyle by dressing up as fruits and vegetables and creating a vegetarian feast for him*…
View this post on Instagram
I followed it up with a $50,000 Karmagawa donation to the San Diego Food Bank in his honor.
This is a great food bank that helps so many people in need. And they put a lot of emphasis on delivering healthy food, which is in alignment with Kyle’s lifestyle!
$20,000 in Karmagawa Donations: Shark Guardian
From vegetarians on land to predators at sea…
Sharks have a bad reputation thanks to Hollywood, but they’re vital to the ocean’s health.
Yes, they’re natural predators. But they’re also very useful in terms of maintaining a healthy ecosystem.
Wanna learn more? Karmagawa recently released a video about sharks … Check it out:
View this post on Instagram
I’m proud to have recently made a $20,000 Karmagawa donation to Shark Guardian, an organization involved in the making of that video…
$100,000 in Karmagawa Donations: Feeding People in Lebanon
Foodblessed is a charity that feeds people in Lebanon. I’m delighted to have made a $100,000 Karmagawa donation to them. There are so many people in need in Lebanon right now.
This Karmagawa donation was a labor of love … it took months to get rolling. It can be hard to get money and aid to the people in the most need, so I’m really proud of this one.
$220,000 in Karmagawa Donations: Texas Food Banks
As you know, Texas was recently hit with some crazy winter weather conditions that left a lot of people in need.
To help offer relief, Karmagawa recently donated to several Texas food banks:
View this post on Instagram
$100,000 in Karmagawa Donations: The Barstool Fund
I love that Dave Portnoy and Barstool Sports are giving back to the community. The Barstool Fund is a great initiative that provides relief to small business owners who have been impacted due to recent world events.
I’ve seen for myself how many businesses have been affected in the past year … I want to help as many of them survive as I possibly can. It’s an honor to provide relief and funding to these businesses that give so much to their communities.
$70,000 in Additional Karmagawa Donations
In addition to these bigger donations, I’ve also been part of several smaller Karmagawa donations to a variety of projects and groups that are doing great work:
- $30,000 toward funding the upcoming Balance For Earth Recycling documentary.
- $30,000 to Four Paws animal rescues.
- $10,000 to Help the Kani orphanage in India.
What Motivates You?
I’m extremely proud to announce the latest $700,000 in Karmagawa donations.
But my work is far from done.
Donating to charity fulfills me in a way that buying fancy cars never did … I’m hooked. I love to see how these donations improve the lives of people and animals around the world.
Giving back is a huge source of my inspiration and motivation to trade. What motivates you?
Whether you like cars, jets, charity, travel, taking care of your family or keeping your $ in your account so you can trade with bigger size, don't let ANYONE else tell you what your dreams should be or what you should do with your $…YOU'RE IN CONTROL SO BUILD YOUR OWN DREAMS!
— Timothy Sykes (@timothysykes) March 7, 2021
Maybe it’s giving back to charity. Maybe it’s working toward a better life for your family.
Do you think that trading could be part of making your goals a reality? Are you willing to work hard, study hard, and dedicate yourself to the process?
If so, consider applying for my Trading Challenge.
What motivates you as a trader? Leave a comment … I love hearing from you!
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