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Chat With Traders

249: Jack Kellogg - Valet Driver Turns $20K into $11Mil over 6 years After Wipe Out

Chat With Traders

Tessa Dao

Education, Business, Investing

4.92.3K Ratings

🗓️ 6 December 2022

⏱️ 61 minutes

🧾️ Download transcript

Summary

Starting out juggling multiple jobs as a valet driver, firefighter and entrepreneur, Jack Kellogg at 18 years of age about 6 years ago dreamed of financial freedom, became laser-focused on saving money and learned everything he could about the stock market before turning to penny stocks. Jack's intense drive for success pushed his mental and physical health to unhealthy levels as he managed hundreds of trades, and at times in illiquid, unregulated securities that often saw hundreds of percent increases, quickly followed by spectacular collapses within just a few weeks. This multifaceted discussion takes us inside Jack's journey, which was met with setbacks and struggles, along with wisdom gained earlier than usual for someone so young. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Slack. With Slack, you can bring all your people and

0:05.9

tools together in one place. It's your digital HQ where you can increase productivity,

0:11.1

enable flexibility and automate workflows. Plus, Slack is full of game-changing features,

0:16.9

like huddles for quick check-ins, or Slack Connect, which helps you connect with partners

0:20.9

inside and outside of your company. Slack. Where the future works, get started at

0:26.9

Slack.com slash DHQ.

0:30.9

There's gift I've ever received has to be a bike when I was younger, a pedal bike. It

0:36.8

was a sort of slick little road bike and I remember it was all like, it was so, it was

0:41.6

all wrapped up, it was so obvious what it was obviously because nothing shaped like a bike

0:45.0

and I had a little ribbon on it and I was so guest. For that was a life changer and I'm

0:48.6

still sort of big on cycling around my area now, so for that one, change me a little.

0:53.5

Join in every sip with red cups now back at Starbucks.

0:57.5

Markets, speculation and risk. This is the Chat with Traders podcast.

1:09.5

Hey there traders, we are in episode 249 and I'm Tessa, co-host of Chat with Traders.

1:18.7

It's so good to have you join us. If you're new to this podcast, thank you for being here,

1:23.9

warm welcome to you. If you've been a long time listener, thank you for continuing to tune

1:28.1

in with us. We've got a great episode for you. Starting out with juggling multiple jobs

1:34.2

as a valet driver, firefighter and entrepreneur. Our guest, Jack Kellogg, at 18 about six

1:41.9

years ago, dreamed of financial freedom, got laser focused on saving money and learned

1:47.7

everything he could about the stock market and eventually turned to penny stocks.

1:53.0

Jack's intense drive for success pushed his mental and physical health to unhealthy levels

1:59.9

as he managed hundreds of trades and at times in illiquid, unregulated securities that

...

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