We all look for stocks that doubles or tenfold in a decade. Remember how it was if you buy for $3k per stock position and your asset grows to $300,000 in ten years or so? Wouldn't it be great? Definitly!
I know, it sounds crazy but this happens with hundred or more stocks.
You don't need to be skilled tech founder like Bill Gates or Steve Jobs. You have all the skills to succeed.
The only thing you need is patience and a long-term investment horizon and some luck as well.
Take your money and invest it into solid stocks with good long-term growth perspectives and a trustworthy management.
I've read a great inspiring story on CNN Money. They released a story about a Chinese couple that bought 100 shares from Apple in August 1998 at a price of $34 dollar and added 500 more shares in 1999.
With their first shares, they made a $276,600 dollar gain and their additional 500 shares hit the million mark in trading capital gain. Great story for normal investors like me and you!
With their first shares, they made a $276,600 dollar gain and their additional 500 shares hit the million mark in trading capital gain. Great story for normal investors like me and you!
Here are their most important items you need to know when you try to copy their success:
- "We didn't panic. We know the stock market goes up and down"
- "We believe a good brand and a good company can last very long after the founder passes away. So we stayed with Apple"
- "At the beginning we realized Apple products are almost like jewels. People are proud of their Apple product. That's not a technical Wall Street analysis"
- Apple's "financial outlook, numbers and data are essential, but not the main reason to trigger buying the stock"
- We are "happy end user of Apple products"
Happy Investing!
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