Hello, my name is Frank and I’m the founder of AffluentKid.com, a blog about making money online and wealth creation in general. I am a graduate (BBA) in Finance and Investments from Baruch College in New York City. A software developer by trade, I currently specialize in payment gateways integrations, SaaS implementations and web development in general. In my previous life I was a full time Series 7 licensed proprietary trader on Wall Street but more than anything else I have a knack for making money. I have never worked a single day in my life in any “regular” 9 to 5 job. Other than a Merrill Lynch internship (unpaid) while I was still in college, I have always worked for myself. I’m 43 and I started building wealth in my late teens.
During my time as a proprietary trader on Wall Street, I focused mostly on arbitrage risk-free trading in stocks and options. I developed an entire collection of black boxes which would scan the markets for arbitrage opportunities and capitalize on them. The longest trade was usually no more than 10 seconds. The shortest one was just fractions of a second. For several years I was one of the top earning traders in the NYC office of one of the major proprietary trading firms at the time.
Then, unfortunately, just like anything in trading, the risk free opportunities my programs were after were one by one arbitraged out. In other instances, changes in how orders were handled by the stock exchanges made some of my black boxes obsolete. Therefore, I “retired” from the trading job and decided to switch my focus back to passion #1: software development.
In addition to software development and trading, I am a real estate investor and I’m always looking for interesting investment opportunities.
I realize that, financially speaking, I can consider myself accomplished. Not only do I have a knack for making money independently but also to retain it. I am very grateful for this. As a result, I thought it would be nice to “give something back” to society through this blog. Hopefully, somebody will be able to benefit from some of my insights. I promise I will do my best not to make it into just another WordPress blog!