■ Want to know what the man who turned £10,000 into £110,000 in just three days does with his cash? So did we…
What was your first job?
A paper round when I was 12. I got £14 a week and spent it on sweets.
What’s been your best investment?
I bought £10,000 worth of stock in a company that was doing the Android competition to Apple TV. Three days later, the stock I bought was worth £110,000. That happened on my graduation day from university. The company were investing in a lot of equipment. They’d made a big order, but it wouldn’t go through unless it passed safety checks. I knew previous deals like that had gone through with no problem and the safety tests had passed. So, I bought the stock in advance of them passing the tests. I saw the press release about what they were doing and I jumped on quite early.
When did you start your company?
I did a degree in Marketing and Advertising at the University of Hertfordshire — I had a bursary, as I got the highest grades on my college courses. I started doing paper trading, then the bursary came through and I started using that money on the stock market and the foreign exchange market, where you trade on currency. I set up my company when still at university in 2012 — I was the only employee until 2015, when I expanded and now there are 60 members of staff.
What would be your money-no-object purchase?
Taking a trip around the Moon with Elon Musk, with Elton John singing Rocket Man and Joe Rogan commentating on the launch. Elon Musk is the only person in the world who has created three businesses that are all valued at over £1billion. He’s amazing with thinking outside the box and moving on to bigger things. He’s a good role model.
What’s been your biggest financial regret?
Not investing more in 2011 when I first started — companies such as Sports Direct went from 38p per share to over 800p in five years. I should have invested more during the recession.
Are you a spender or a saver?
I save 70 per cent of my monthly salary, and spend the rest on luxuries.
Why are you so responsible with saving?
There was a time when I didn’t have any money, which makes you appreciate it. When I was a teenager, my family had some problems and my parents split up. After the divorce, I ended up sharing one room in shared accommodation with my dad and my brother. That was a massive motivator for me. I never want to go back to that scenario, so I’ve done everything to make sure that doesn’t happen again. I felt I had to do something about the situation I was in. It left a mark. You don’t forget those times.
Do you consider yourself savvy with personal finances?
Definitely. Trading in the financial markets every day certainly makes you more aware of risk and your exposure to it.
What was your last impulse purchase?
My mum was going on and on about how she wanted a Jaguar F-TYPE. I ended up buying it for her and surprised her with it. I have no idea why she wanted it, but she works for my company in HR and every time I’d speak to her, there was a picture of this car on her computer. She was going to buy it from a company I knew. One day, she was very disappointed because it wasn’t on the website any more, but it was because I’d bought it for her without her knowing. I’d bought four or five cars from them before, so they gave me their best price. My mum was over the moon — there were tears and everything.
Are cars a favourite luxury item for you?
Yes. I’ve got a Porsche, a Bentley Super Sport… I had a Lamborghini; I move them around and change them up.
Cash or card?
I’m card or crypto. I’ve got my own cryptocurrency and I use it as much as I can. You can use it on some websites. One of my other businesses is about building better gateways for cryptocurrencies.
■ Samuel Leach is the founder of samuelandcotrading.com