About
Karl Eggerss first became aware of the stock market when his father purchased a few shares of stock for him in the mid 1970s. The stock was in a growing company, Church’s Fried Chicken, and identical purchases were made for his brother and sister. As they grew older, they eventually sold the Church’s stock. His siblings decided to take the cash and spend it, but at the age of 14, Karl decided to take his proceeds and reinvest it. He had a passion for baseball cards at the time, and reinvested his money in Topps, a company that made and distributed the cards. Over the next few years, Karl doubled his money, and he was hooked.
Always fascinated with numbers, he earned his finance degree from Southwest Texas State University in 1995 with a specialization in Financial Planning. Upon graduation in 1995, he immediately went to work for Fidelity Investments in Dallas, Texas as a mutual fund trader. In just a few months, Karl’s job expanded to cover all 50 states and he was awarded duties of helping out the sales team at Fidelity. Karl enjoyed the work, but he had a passion to work for a growing company and more importantly, to meet with clients on an individual basis.
In 1996, his opportunity came, and he was offered a position as a financial advisor with a money management firm in San Antonio, Texas. At the time, the company was managing approximately $20 million in assets. But there was a need for a more sophisticated system to manage the growing clients. Karl was placed in charge of establishing the company’s financial management database.
Karl’s position evolved and he became the Chief Trader for the company, in charge of trading millions of dollars every day. This position landed him his own daily radio show on a national radio network airing in cities such as Houston, Dallas, San Antonio, Colorado Springs, & Denver. With the growing popularity of the program, Karl began being asked by various financial news networks for his views on the markets. Some of the networks he has appeared on include CNBC, CNBC Asia, Bloomberg, Fox Business, & Reuters. Karl is often asked to make appearances to discuss the techniques that have made him successful.
Other major successes in Karl’s life include his family. He met his wife Amy in college and they were married in 1997. With their young son, Anson and daughter Avery, Karl and Amy Eggerss currently reside in Fair Oaks Ranch, Texas. The company and Karl’s career both continue to grow.
Sitting in front of multiple flat panel monitors everyday for several years now watching the market and trading millions of dollars every day gives him an insight most will never get to enjoy. Looking for correlations and patterns of stocks, bonds, and anything else relative to finance is what drives Karl everyday. Sharing his money making knowledge with the public has become equally important to him in recent years.
