May 19, 2024 Trending New York News

Jack Kellogg Giving His Parents the Life They Deserve

Jack Kellogg did not just become a millionaire overnight. He tirelessly worked for long hours and sacrificed his personal life for 4-5 years to turn his trading goals into reality.

Kellogg grew up in a small town in Connecticut and his family was not that well off. He lived in a 1000 square feet house with no room for his privacy. His father was an electrician and his mother was a school bus driver. His parents struggled with alcohol and had differences in their relationship as well. However, they stayed together to raise Jack and worked hard to provide him a good life. He didn’t have a good school life because of being bullied for his learning disability so used to turn to video games and sports to forget about his struggles. His parents were very supportive and provided him everything he wanted from new video games to quad bikes.

He started his first job at the age of 16 as a valet attendant in LAZ Parking. In 2017, he made a New Year’s resolution to invest the $10k saved up from valet and start trading. His Dad doubted him every day on his trading journey and reminded him that it was a scam, urging him to redirect towards a more practical path in life. He tried his best to warn Kellogg of the risk of losing all his hard-earned money, but Kellogg was determined to achieve the goals he set for himself. He knows that his father’s intentions were good and he wanted a secure life for his son and his concern was another factor that pushed Jack to study so hard.

Kellogg dedicated 4-5 years of his life to making trades, studying, learning from mistakes, improving, and testing out new trading patterns and strategies. He finally found his footing in the penny stock OTC market and as he started trading full-time, the consistency of profits started to increase. He made a small amount in the first few months of 2018 but was hit by a loss as well. 2019 was a good year for him as he made over $150k in profits and then in 2020 he hit the $1M mark. So far in 2021, he has made a profit of 6M. 

Eventually, he made enough profits to turn $30k into $8M. He then wanted to use his money to give back to his loved ones and prioritize spending time with them over everything else. On his 23rd birthday, rather than doing something for himself, he planned a special surprise for his parents. As appreciation and gratitude for all the sacrifices his parents made for him, he gave them a financial gift of $100M cash so they can now focus on improving their own lives. 

Even after beating all the odds that he was up against, Jack Kellogg did not develop a proud attitude. Instead of feeling like he proved his father wrong, he was grateful to his parents for everything they did for him.

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