in our free newsletter.

Thousands benefit from our email every week.

  • Discounts and special offers
  • Subscriber-only articles and interviews
  • Breaking news and trending topics

Already a subscriber?

By signing up, you accept Moneywise's Terms of Use, Subscription Agreement, and Privacy Policy.

Not interested ?

In pursuit of the American Dream

His family emigrated to the U.S. from El Salvador when Martinez was just 12 years old. He was born into a 12-year-long civil war (from 1980 to 1992) between the government and the Farabundo Martí National Liberation Front, which was punctuated by violence and human rights violations.

“I remember as a kid when I lived in El Salvador hearing the bombs and the gunshots and people running on the roof and us hiding underneath our beds,” says Martinez.

“As a kid I didn’t really appreciate what my parents in their early 20s were going through,” he adds, his voice cracking with emotion. After the war, they lived a modest life: they had a house, they had food on the table, but they didn’t have any luxury items — they couldn’t even afford Christmas presents.

His family left for Houston in 1997 in pursuit of the American Dream, working minimum wage jobs and renting a one-bedroom apartment that cost $450 a month. Martinez knew he was going to make something of himself so he could support his parents one day, “because I wasn’t going to stop until I did.”

How to get a free $20 to invest in your future

An app called Acorns automatically rounds up purchases made on your credit or debit card to the nearest dollar and places the excess "change" into a smart investment portfolio. Acorns offers a $20 welcome bonus, immediately from your first investment.

Get $20

From immigrant to multi-millionaire

Martinez made his first million when he was 29 years old, trading natural gas. He’s still a trader, though he’s also a serial entrepreneur, investing in a number of start-ups, from fitness and racing to construction and tech. He attributes his success, in part, to the fact he likely has a “higher tolerance of stress and risk than most people.”

While trading natural commodities can be a great way to generate wealth, he says it’s also a “great way to be stressed out and lose your mind over the stresses of the market.” In other words, it’s not for everyone — especially since commodities are considered one of the riskiest ways to invest.

But the secret to his success? He trusts his gut — even if he happens to be down $60 million.

“I understand markets are going to fluctuate, and so if I can withstand the fluctuations and still stick to my guns, then I can see positions play out while other people sometimes have to get out.”

Sponsored

Follow These Steps if you Want to Retire Early

Secure your financial future with a tailored plan to maximize investments, navigate taxes, and retire comfortably.

Zoe Financial is an online platform that can match you with a network of vetted fiduciary advisors who are evaluated based on their credentials, education, experience, and pricing. The best part? - there is no fee to find an advisor.

About the Author

Vawn Himmelsbach

Vawn Himmelsbach

Freelance Contributor

Vawn Himmelsbach is an experienced freelance writer and editor since 2001. She has contributed to various publications, such as The Globe and Mail, Toronto Star, National Post, CBC, Moneywise, Zoomer, Wheels, CAA Magazine, Explore Magazine, Canadian Traveller, Travelweek, WestJet Magazine, Ottawa Life, Flare, and Consumer Reports. In addition to these, Vawn is a senior contributing editor of BOLD Magazine, a custom content writer, and copy editor. Moreover, she has previously worked as a freelance page designer for Metro News and is a co-founder of Chic Savvy Travels, a travel website for women.

What to Read Next

Disclaimer

The content provided on Moneywise is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter.