Timothy Sykes

Timothy Sykes: 3 things to know before you get rich

This ride may look sweet, but owning a Lamborghini has a downside, too.Credit: ProvidedI became a millionaire nearly 15 years ago, but I never really splurged on anything fancy until recently when I started teaching. Now that I teach people how to trade successfully in the stock market, I learned...

Thursday, October 22, 2015, 2:56 AM

3 ways to invest $1,000

I get this question a lot because some people have a little extra spare cash and they want to use it wisely. Consider all the pros and cons of whatever you use it for: Don’t just go and buy yourself something nice. It’s far better in the long run to spend your money, and time, on things that can...

Wednesday, March 11, 2015, 10:09 PM

3 Rules for banking in the stock market

Many people want to “beat the market” and that means simply making a little more money than other people do, especially considering most traders lose money and most investors fail to beat the major market indices. But I’m not satisfied with “just making a little money” or teaching you to be...

Tuesday, February 24, 2015, 6:34 PM

Timothy Sykes: 3 goals to set in 2015

Just because I'm a millionaire doesn't mean that I don’t constantly strive to do better in my finances, career and health. You can never get too comfortable with your life or else you shutdown. Here are three worthwhile goals for 2015:Goal #1: Be charitableIt’s not just about giving money; you can...

Tuesday, February 3, 2015, 7:30 PM

Timothy Sykes: 3 critical characteristics to have in 2015

To maximize your financial and career goals, consider implementing these characteristics that have helped me transform my business and my life these past few years. Everyone wants to be rich and successful, but what are you willing to do to achieve your goals? Here are three attributes I have had...

Tuesday, January 27, 2015, 6:30 PM

3 money making habits to try now

There are some simple things you can do in your life to make this year your best yet. Here are my top three tips that are truly easy to pull off.Tip #1: Wake up earlyIn major cities nightlife goes on for all hours and even those who stay at home have tons of options to stimulate their brains for...

Tuesday, January 20, 2015, 6:35 PM

Timothy Sykes: My 3 New Year’s resolutions

This was my most successful year as a stock trader and teacher, but I always strive to be better. Here are my three New Year's resolutions for 2015:Resolution #1: Be healthierIn the past 12 months, my business reached new heights, I started a new serious relationship and the press started hounding...

Friday, January 2, 2015, 6:30 PM

Timothy Sykes: 3 Best and cheapest holiday gifts

Because I’m a multi-millionaire, people left and right are asking me what I’ll be buying my loved ones this holiday season. My answers surprise them, but they really shouldn’t. After all, the best holiday presents are not the most expensive or the coolest or the newest or the latest and greatest...

Tuesday, December 23, 2014, 6:31 PM

Timothy Sykes: 3 Holiday gifts that are worth the money

What do you get that special someone with all your hard earned money? As a multi-millionaire my family and friends have gotten used to my spoiling them a bit too much, but even if you’re not rich, you can get the best gifts for your loved ones. Here are three that are worth the money.Gift #1: Khan...

Tuesday, December 9, 2014, 5:59 PM

3 Secrets to managing your time

Ever since I made my first million nearly 15 years ago, my life, and especially my work, has been insanely busy and only recently have I gotten better at managing my time. You can’t let your crazy schedule get to you or else it’ll hurt your work and productivity. Here are three secrets I’ve learned...

Tuesday, December 2, 2014, 6:57 PM

3 Important year end stock market trends

Being a successful stock trader is not just about making good stock picks; you have to know underlying trends influence your picks. Here are three year-end trends that are happening now and you should keep in the back of your mind.Trend #1: Tax Loss SellingBecause you’re allowed to deduct your...

Tuesday, November 25, 2014, 6:37 PM

Timothy Sykes: 3 big life mistakes many people make

I’ve been fortunate to be very successful from a young age and now I have several millionaire students too, but along the way I’ve made tons of mistakes. Out of my now 5,000+ students, I see the same mistakes being made over and over, so it’s time to break the cycle.Mistake #1: Fear of taking...

Tuesday, November 11, 2014, 8:18 AM

Timothy Sykes: 3 things the NFL teaches us

I’ve been a huge New York Giants fan all my life and watch as many NFL games each week as my schedule permits. Here are three lessons the NFL teaches us:Lesson #1: Our society loves violence and warPerhaps more than any other sports league in the world, the NFL is the most violent. Despite our...

Tuesday, November 4, 2014, 6:30 PM

Timothy Sykes: 3 Marijuana stock lessons

I am featured in the November 2014 issue of Men’s Journal magazine in an article entitled “Buying High: How To Get Rich On Pot Stocks” and while I wish they would’ve edited out my excessive swearing (lay off me, I’m passionate!), it’s a comprehensive, entertaining and greatly educational article....

Tuesday, October 28, 2014, 5:30 PM

Timothy Sykes: 3 reasons to visit Italy

Italy is beautiful. Credit Flickr/Trish HartmannI’m smack in the middle of treating my whole family to a $100,000 two-week trip to Italy, but you don’t need to travel so lavishly as long as you visit this amazing place! I’ve been to nearly 100 countries; Italy is by far one of my favorites.Here...

Thursday, August 28, 2014, 5:28 PM

3 money tips I wish I had listened to

Credit: Thinkstock. I’m a multi-millionaire with a loving family, amazing and beautiful girlfriend, cute puppy, several luxurious mansions, a Lamborghini & Porsche and business and personal success on every level, but despite all of that I’ve made mistakes and ignored people’s advice....

Tuesday, August 12, 2014, 9:50 PM

Timothy Sykes: 3 tips I wish I had listened to

Millionaire Timothy Sykes shares his best investing tips.Credit: ColourboxI’m a multi-millionaire with business and personal success on every level, but despite all of that I’ve made mistakes and ignored people’s advice. Hopefully you can learn from my mistakes.Tip #1: Don’t Let Money Dictate Your...

Tuesday, August 12, 2014, 6:59 PM

TIPS: 3 Ways to make millions when you’re young

Credit: ThinkstockI became a millionaire before my 22nd birthday and I have to say there is no better feeling than being “above” the rat race and living with true freedom and luxury. Call me superficial, but it’s not just about the lifestyle or the money, it’s the feeling of true self-sufficiency...

Wednesday, August 6, 2014, 4:25 PM

TIPS: 3 ways to make the stock market less scary

Money. Credit: Metro fileI’ve made millions of dollars trading stocks and I openly teach my secrets to 5,000+ students in 60+ countries, but some people are just scared of the stock market. Why? Little different from driving a car without any directions, road signs, lanes or stoplights, the stock...

Tuesday, August 5, 2014, 5:45 PM

3 tips that make the stock market seem easy

Credit: ColourboxI’ve made millions of dollars trading stocks and I openly teach my secrets to 5,000-plus students in 60-plus countries, but some people are just scared of the stock market. Why? Little different from driving a car without any directions, road signs, lanes or stoplights, the stock...

Tuesday, July 29, 2014, 12:30 PM