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Using a simple strategy to make smart investments saved Andy Abrahams' future: A year after he began investing, his life was forever changed when he b
 
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Tue, 21 Jun 2016   ||   Nigeria,
 

 Using a simple strategy to make smart investments saved Andy Abrahams' future: A year after he began investing, his life was forever changed when he bought the business that laid him off.
When Andy Abrahams was fired on October 2013, he was convinced that the end of the world had arrived. Just a year after he had married and only a month after his eldest daughter, Jenny, was born, the DIY chain store where he worked didn’t care. “They decided to eliminate the gardening products’ department and the next day my manager simply called me in, shook my hand and said he couldn’t keep me any longer. I had worked there for eight years since graduating high school, but for the chain I was just a line in the computer, and the time had come for them to simply erase that line,” he says. Andy’s story is no different than the stories of thousands of other blue collar workers worldwide.

    “Andy’s story is no different than the stories of thousands of other blue collar workers worldwide.”

Companies merge, businesses contract, jobs are eliminated, and the life of ordinary people as they know it is gone in a split second. “During the first week, I helped my wife with the baby,” said Andy. “On the second week, I lay in bed and cried. In the third week, I tried to help my brother at the auto body shop where he worked, but they had nothing to offer me.

Andy spiraled into decline and friends remember that he became remote and barely spoke to his wife, Lorena, who now admits she even considered leaving him and going back to live with her parents. “Months after he was fired,” said Lorena, “living with Andy did not seem like the most promising future for Jenny and me.”

John Green, a high school friend of Andy, is the man who saved him from himself. Green had lived in Manhattan since graduating from college and he came to the small town where Abrahams lived to visit his parents. Green and Abrahams met for a beer at the local bar, and Green told Andy that a growing number of people were using state-of-the-art automated tools to make an extra income.

    “Growing number of people were using state-of-the-art automated tools to invest in the American capital market.”

He simply told me that this was not for him and that he did not know how to operate a computer. So I took his smartphone and signed up for an account at Algo trading tool that i know. And showed him how simple it is to use this smart tool.” Says Green.

On the first week he used the Tool, Abrhams made more than 10% of his initial investment. “I spent it on beers that I bought for John and me,” Loughs Andy.

“In the first few days, I was mainly busy learning and building my confidence with small investments . In truth, it wasn’t complicated, and the algo trading support helped me with solving any issues I’ve had”.

“It took me a few days to share this with Lorena but she already realized on her own that things are getting better. . . After a few weeks of sitting in front of the screen, I decided to take this more seriously and i spent 10 hours a day trading with this and some other automated  tools that jhon showed me.

“But I was still looking for work,” he says. “I am a working man. I don’t believe in spending my whole life in front of a screen, even though it was clear to me that I had found a great way to save and increase my capital… I need to work, man.”

A few more months have passed and the retailer that had fired Andy announced that it was about to close the branch altogether. At that point, Andy went back to his old workplace. This time though, he did not head for the store, but to the head office. After tough negotiations that lasted just over two weeks, Andy bought the store and is now turning it around so he can keep employing all of his old friends while also maximizing profits for his family. He renamed the business Jenny’s Place. “currently my main income is from the store, a lot of people heard about my story and they prefer to buy here instead of the big DIY stores” With a lot of work,” he said, “we might be able to open another store in 12-18 months. Can you imagine? Maybe one day, I’ll have my own chain – Jenny’s Chain!”

Asked if he stopped investing in the capital market, Andy replied

“It’s true that I have less time to invest, but you’d have to be real dumb to give up such a good thing. I now spend fewer hours a day investing, putting less money into it, but, no, I am not considering giving it up”

 

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