Curtis "Wall Street" Carroll
Who is Curtis Carroll?
What we see here is that it is possible to positively change your life if you can find or create the opportunity to do better. Curtis Carroll grew up in difficult circumstances, in a low opportunity environment, and made huge mistakes which landed him in prison. He did not know how to read, he broke the law and committed robbery and murder.
We learn that he changed his life and turned his circumstances around. He discovered the stock market while serving his life sentence prison. He took advantage of the opportunity to participate in the stock market, became legitimate, financially literate, and where is he now?
Carroll scraped together hundreds of dollars by cashing in unused postage stamps he acquired selling tobacco to prisoners. His first investment was in high-risk penny stocks, making just enough money to keep investing. The whole process motivated him to learn to read. Now, Carroll makes thousands of investments. He maintains notebooks filled with the daily stock price fluctuations of hundreds of companies.
The life of Curtis "Wall Street" Carroll was raised by financial literacy, by the opportunity to participate in the stock market. Steemit offers these opportunities to all and people who are just coming out of prison or who are desperate to make money can make a few blog posts and immediately the barriers to entry are gone. A person who posts on Steem can use their earnings from blogging to become a cryptocurrency investor and do even better in crypto than they can in stocks.
"I can benefit by helping my family," Grimes says. "It still feels good to give back to my community even though I can't get out right now."
Yes crypto may be entering a bubble phase, but it also provides hope and opportunity to people who currently don't have any. There is value in providing hope and opportunity, and it has positive side effects. The Curtis "Wall Street" Carroll is a story of redemption, and this kind of story is the best kind for Steemit to have because it promotes the social benefits of Steemit and cryptocurrency.
- Only around half of Americans own stocks.
- Most Americans do not have enough money to retire.
References
- http://www.gallup.com/poll/190883/half-americans-own-stocks-matching-record-low.aspx
- http://www.gallup.com/poll/182816/little-change-percentage-americans-invested-market.aspx
- http://money.cnn.com/2013/05/09/investing/american-stock-ownership/index.html
- http://www.businessinsider.com/why-so-few-millennials-invest-in-the-stock-market-2016-7
- http://www.npr.org/2015/03/21/393556633/investment-guru-teaches-financial-literacy-while-serving-life-sentence
- https://www.forbes.com/sites/andrewbiggs/2017/01/18/are-half-of-americans-approaching-retirement-with-no-savings/#651b454040e5
The story of Curtis Carrol is very inspiring and has given me much to think about. I'vre realised that it doesn't matter your circumstances you can be who you wanna be if you consciously work on it. He is literally self educated and is very interesting. I think that oir education system must introduce financial literacy at the basic levels so that kids will know the value of miney and how to manage it properly.
just followed :) chears from a new minnow wohoo :)
I read earlier about this guy and his life if turned to a Hollywood movie it would be a blockbuster! But seriously speaking, caroll makes me think anything is possible if you put your mind into it! Thanks for highlighting this story! Awesome stuff!
What a interesting story! 1% of Americans are in prison, that's equivalent to 1 / 3 of the entire worlds inmates. Just those numbers alone tells a person that something is wrong with the system in the States. Inmates need a SOLID rehabilitation plan to get adjusted to society again, and finance is a big part it. Curtis "Wall Street" is my new idol.
The TED talks are so awesome. Interesting video. Thanks :D
Awesome Post :D
What a wonderful post thank you.
Never give up on yourself no matter the circumstances;look at this guy in prison for life, minimal resources, odds against him and still figured out how to make a killing in the market. After seen this no one should have an excuse why they can't accomplish their goals. This was truly a great motivating post.
Crypto is far from a bubble. I have written extensively about that. Crypto currency is here to stay. If you want to be a modern day Curtis. Learn, study and understand the block chain. Early adopters will be the biggest winners!
Correct, see and follow @svtechnik
Correct, see and follow @svtechnik
I tend to agree with you it's not there yet. But a lot of people use the bubble metaphor as if to say that the a bubble is bad. Bubble in my mind translates into opportunity. It's only bad for people who day trade and who don't have long term intentions.
I agree 100%. Spot on!
Wow this is very touching story, Carrol has been a real model in the cryptocurrency