How Tela Holcomb Doubled Her 401(k) In 6 Months and "Traded" Her Way to Financial Independence

Brown Ambition

iHeartPodcasts

Careers, Education, Self-improvement, Investing, Business

4.9 • 2.5K Ratings

🗓️ 10 October 2018

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tela Holcomb, is a self-described "mom, wife, six-figure stocks and options trader, 9 to 5 survivor, risk taker and freedom catcher."

But she wasn't always a stock trading wiz. It wasn't until Tela lost her job in 2012 that she decided to dive into learning all she could about the stock market.

Today, Tela supports herself on income she earns from a combination of short-term stock trading and long-term investing and saving, as well as income earned from teaching online courses on how to trade. She joins Brown Ambition today to offer tips* for beginner investors looking to get into the market — and gets real about what it really means to trade, day trade and invest (yep! they are all different). From purchasing her first stock (Coach!) to making $12,000 in three days to losing $7,000 in the blink of an eye, Tela opens up about the good, the bad and the ugly side of the market and how you can avoid common pitfalls.

"Start with the products and services you know because it's going to motivate to you to keep going.

If you're looking to start learning more about stock trading, check out Tela's free online course: telaholcomb.com/theexchange.

And check her out elsewhere:

Blog: telaholcomb.com

Facebook: facebook.com/telaholcomb

Instagram: instagram.com/telaholcomb

YouTube: telaholcomb.com/youtube

*Disclaimer: Any conversations on our show about investing and investing strategies shouldn’t be taken as investment advice. This is strictly for education purposes and if we mention companies or specific strategies, it’s not a recommendation but rather an example.

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See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Um, all right, so I'm not used to, Mani, usually like the executive producer, I just show up.
0:04.6	So I'm like, what do I do?
0:06.0	All right, Mandy, I know you're listening and shaking your head.
0:08.9	You're missed.
0:09.8	Um,
0:09.9	You're missed. Hey, hey, hey, it's me, Tiffany Aliche, aka the budgetista.
0:32.9	Welcome to Brown Ambition.
0:35.6	Super excited.
0:36.9	So you're going to hear mostly my voice today and the voice of our very special
0:41.1	guest.
0:42.1	Mandy's not with us today, but we're still going to rock on and rock out.
0:46.3	You guys have asked so many questions since we had our last guest on, Helen, who talked
0:52.9	about retirement as it relates to investing.
0:55.6	And I said, you know what? Let's bring on someone else that can talk to you about investing,
1:00.4	but in a different kind of way. Have you ever heard of an awesome company and you're like,
1:06.8	oh, boy, I'd love to invest in that. Or like, you know, maybe you're on the, I don't know, you're at the movies and you
1:13.9	realize, like, I remember I used to always see the hand dryer things that all of a sudden
1:18.4	got really big.
1:19.2	And I remember thinking, I wonder what company makes this.
1:21.5	I'd love to invest in that.
1:23.3	Well, you can.
1:24.5	It's called Stocks.
	...

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