Chase Rubin has been working in the financial industry for over two decades and recently set out to share his knowledge of the investment industry with the public. One of the most successful private investors of recent times, Chase Rubin now lives and works in the East Village after moving to New York to further his career as an investor and financial expert; now in his mid-40s, Rubin believes his experience of both the highs of the markets and the lows of the 2008 economic crash has prepared him to face any eventuality on the markets.
1.What was your best/favorite subject in school?
I love the arts but I was always drawn to mathematics as I love crunching numbers and completing puzzles using my skills. Once I got to high school and college I found myself drawn to the subject of economics which I found intriguing and prepared me for my current role as an investor. However, when I’m looking to make an investment I always run my numbers by my accountant and brokers to make sure I’m getting the best return on my funds.
2. What was your first job?
I worked through high school and college in various restaurants and bars to pay for tuition and my bills. If I remember correctly, my first job was washing dishes in a restaurant kitchen which really made me want to better myself as I didn’t want to spend my life cleaning up after others for little reward. After that job, I admire every person who works in a restaurant and kitchen so I make sure I tip well to show my appreciation.
3. Where and how did you first get into the industry you currently work in?
During college I found myself considering a job in finance and made sure I took every opportunity to study accounting and economics while I was a student. Even after getting a job with a financial institution I continued to study part-time or Online to extend my skills before I hit upon the idea of private investment in a similar way to receiving a passive income from investments such as rental apartments. Basically, I educated myself and set out to work for myself to take advantage of the options open to me in working in a flexible way.
4. How have those jobs prepared you for what you do now?
The history of my career has included working for others and myself with the benefits of both easily seen by myself. I feel the need to work hard but not necessarily sit behind a desk from eight each morning until six at night carrying the feeling of missing out on certain aspects of life. Success for me comes from living a well-rounded, successful life across many different aspects of my business and personal life.
5. Describe the best day of work you’ve ever had.
This may sound strange but looking back on my career the best day I ever had would have to have been that in 2008 when I woke up and checked the markets to find they had crashed. I can’t describe the panic I felt at the time or the need I felt to examine my investing career and make changes which would result in a better life form myself as I continued to rebuild my portfolio for the future.
6. How do you keep yourself motivated?
I have always said the day I lack motivation is the day I need to bail out and get a new career. There are so many new investment opportunities out there to explore I could spend all day every day researching new technologies, retail sectors, and developing economies looking for my next investment opportunity. The thrill of a new investment continues to drive me forward day by day.
7. What kind of business ideas excite you most?
I am always looking to invest in short-term stocks which can provide me with a continuous return on investment and a steady income stream. After the 2008 economic meltdown, I made the decision to spread my investments around and include some longer-term opportunities in new technologies which is an area I am always interested in.
8. Have you ever tried any unorthodox techniques to attract attention to your business?
I’m a private trader so I often have others contacting me looking for an investment rather than me looking outside my inner circle of brokers and financial experts. I have recently found myself drawn to social media and the opportunities it offers in developing close contacts with potential business contacts.
9. What personal achievement are you most proud of?
On a personal level, I have to say bouncing back from the 2008 crash which I had seen coming but did not anticipate coming as fast as it did. I hate to keep on harking back to those events but 2008 was a pivotal moment in my development as an investment specialist.
10. What wisdom you would have liked to share with yourself when you first started out?
Have faith in your beliefs. Too many times in the early days of my career I had a feeling a stock was about to rise after doing my own research only to have others talk me out of making a move. I’ve never solely bought a stock on a hunch but I believe gut feelings should always be part of the consideration.