Hello SOTGC community,
Going through a mid-life career change for some women is worse than going through menopause. But for me, it has been exhilarating, adrenalin-rushing, and emotionally satisfying.
I bought my first shares of stock when I was 24 years old with $1,600 my grandmother had left me when she died. Instead of spending the money, I saved it. But I went one step farther — I decided to invest it in order to make it grow. The more my money grew, the more I wanted to get smarter about investing to make that money grow even bigger.
I spent most of my career in public policy and government affairs as a lobbyist, but I also spent a few hours a month on my “hobby.” What I didn’t realize was that over time my “hobby” morphed into a real, valuable, and unique skill set.
I couldn’t understand when I talked to “the guys” at work why they were always complaining how much money they had lost in the stock market. The stories I heard during 2008 and 2009 were really depressing. I asked myself, “What I am doing that they are not doing? What do I have that they don’t have?” My portfolio took a small hit during the 2008 crash but 2009 was the largest wealth-creation event in my lifetime. Unlike a lot of people, I stayed in the market instead of pulling out. My reward for being courageous was becoming a millionaire that year.
I’m not implying that my $1,600 grew into $1,000,000 in less than 20 years. What I am explicitly stating is that my trading discipline and commitment to the market along with saving and investing part of my paycheck every month and living within my means made me into a millionaire.
When I got laid off from my corporate government affairs VP position in January 2012, I decided to launch a business based on my passion for investing and my desire to teach other women how to do it. I wanted to be a role model for other women and girls. Hence, The Options Lady was born. I teach clients — primarily women — how to become successful stock and options traders in a self-directed online brokerage account. For clients who want specific investment advice and management for their portfolios, I offer professional money management through my affiliation with Coastwise Capital Group.
Being a corporate lobbyist meant I was an advocate and ambassador for my employer. Now I’m an advocate and ambassador for women’s financial Independence…and I’ve never been happier.