Photo credits: Tela Holcomb
A former administrative government worker’s life story about ditching her 9-to-5 job to pursue real financial freedom has gone viral.
Tela Holcomb (pictured) retired at the young age of 29 and taught herself how to trade stocks, which is a decision that paid off very well for her. Holcomb made her first million dollars in just four years after leaving an administrative governmental job.
She follows the golden rule of maintaining wealth by living below her means, even though she has a steadily rising net worth that will soon give her multi-millionaire status. Holcomb’s story was profiled early by BAUCE Magazine almost a year ago.
Subsequently, a digital platform for successful businesses owned by those of African descent called Shoppe Black picked up the thread for Holcomb’s story. The Shoppe Black Holcomb story has been shared on social media almost 100,000 times.
In Holcomb’s detailed official interview with BAUCE Magazine, the affluent stock trader tells her story about risk-taking, fear, triumph, and how she is helping other black women live their lives with financial freedom.
“So before I started trading, I was doing administrative work for the government. I was doing that for about seven years,” Holcomb said detailing her background.
“What really made me want to start learning about stocks was this guy I worked with that was always talking about how he was going to retire early from trading on the stock market,” she continued.
Before hitting middle age, Holcomb has done something quite significant, which shows how she’s utilized and exemplified an extremely important and vital concept: Building and preserving generational wealth.
“I believe everyone should have stocks as a part of their wealth building or their ‘legacy building’. Because we can’t pass down financial legacies if all we’re doing is saving and budgeting,'” the youthful market maven also told BAUCE Magazine.
“So stocks, real estate, something of value — some type of investing needs to be a part of your wealth building plan so that you can start building a financial legacy within your family,” Holcomb added.
The story of Tela Holcomb is inspiring because it shows young black girls that black women don’t have to objectify themselves or promote a lifestyle of promiscuity to become wealthy or famous.
Visit Holcomb’s educational online platform for stock trading and market-making here.