Generating wealth seems like a daunting task for many people who are stuck in the financial rat race. However, you have the answer to making wealth by subscribing to Profits Unlimited, one of the award-winning newsletter, by Paul Mampilly. The eight paged monthly newsletter has over 60,000 subscribers, and counting. Top among them are seasoned and armature investors.
Award Winning Investor
Mampilly was the winner of the prestigious Templeton Foundation’s investment competition award in 2009, a time when the recession was at its worst. During the course of the competition, he invested $50 million, and the investment yielded $88 million, a gain of more than 75 percent. Unlike many investors who manipulate the stocks, this hefty payout won him the hearts of many industry experts. To this day, his newsletter continues to point investors in the right direction.
The newsletter published by Banyan Hill Publishing is devoid of investment jargon, and new entrants to the world of stocks investing can understand it with little effort. 85 percent of the stocks in the recommended portfolio remain profitable. Once the subscribers get their copies of the newsletter, the next step is to go to his website and track the progress of the stocks. Mampilly aims to increase investor confidence in affordable biotech firms as well as small-cap firms that show promise in achieving exponential growth.
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Skills Honed on Wall Street
In 1991, a young Mampilly started his career as an assistant portfolio manager at Bankers Trust on one of the financial capitals of the world, Wall Street. From then on, he rose up the ranks to hold prominent positions at ING, and Deutsche Bank, managing multimillion-dollar accounts. Kinetics Asset Management brought him on board to manage their hedge fund. Under his stewardship, he raised the assets owned by the firm to $25 billion, and it was named as the world’s best-managed fund by Barron’s for averaging an annual growth of 26 percent.
All this while, Mampilly was making money for 1 percent of the population, and at this point, he saw a gap in the market. He left Wall Street to spend time with his family and founded Profits Unlimited. Today, the Montclair State University and Fordham Graduate School of Business alumnus help ordinary people working hard for a better life to have a clear impression of where to put the money left after paying the bills to enjoy better lives.
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