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  • Former trader Lauren Simmons is cautioning against putting money in the stock market.
  • Instead, she says the best place to put your money right now is in Treasury bonds.
  • She also recommends looking into investing in Series I savings bonds.

In 2017, Lauren Simmons made history by becoming the youngest female trader at the New York Stock Exchange. She was also the second African American woman trader in NYSE history.

The 28-year-old has since left Wall Street to build her brand and pursue various endeavors, from writing a book to creating a film based on her life experiences. She’s also working as a financial coach for BlackRock’s IShares Future Baller$ Program, which helps top NBA prospects manage their money. 

Her goal is to empower young minorities and provide them the tools necessary to be successful — within their careers and financially.

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