Paul Mampilly is a senior editor at Banyan Hill Publishing. With his thriving newsletter, Profits Unlimited, the successful financial expert is helping the average American gain the financial wealth they have always dreamed of. His journey was a combination of hard work, skill, talent, and opportunities he received. With a 20 plus career on Wall Street, Paul decided to change careers to become a financial writer. It would work out very well because Mampilly is now thriving.
Flash back to his upbringing, Paul Mampilly’s parents did not live a life of luxury. In fact, his father grew up quite poor. In a small village in India, Paul’s father was destined to find success in his life. He was able to work hard and earned a college degree. The young family was still struggling to make ends meet, so they moved to Dubai to start anew. This would mean Paul Mampilly and his sister would have a childhood that surely surpassed their parents.
Paul Mampilly received a Master’s degree in finance, before starting his career on Wall Street. With a long career helping financial institutions, Mr. Mampilly was able to absorb a lot of information and technical skills. This would provide him with a deep library of information he would impart of subscribers of Profits Unlimited. In addition, Mr. Mampilly has two trading services called Extreme Fortunes and True Momentum. Paul recently sat down with Eric Dye from Enterprise Radio to talk about his expertise in the field.
Paul Mampilly offers up a lot of good advice to listeners. He says diversifying your investments is crucial to long term financial success. If you are putting all of your money into one or two stocks, that is not wise. Instead, Paul recommends to invest in many different stocks in a variety of industries. One huge mistake that new investors make, is that they buy stocks they feel good about. There are several reasons why this is not a smart choice. They are not doing their research or consciously watching the market. Mampilly says investors have to be strategic if they want to experience long term success.