I am trying to take $500 and turn it into $1,000,000!
Will it work I don't know but I am giving it a shot.
I started with $500 back on Oct 31 2005.
The first stock doubled in 4 months.
3 months after that stock doubled I entered my second stock.
And Yesterday it doubled and I exited the traded. (Actually got more than a double on it.)
That stock took just over 4 months to double.
So after a total of 11 months my account stands at $2600!
Not bad, if I can find 1 stock a year to double my $500 will turn into $1 million. Right now I have 2 stocks down and 9 more to go and I am over 1 year ahead of schedule.
Yeah it has been fun trying this "project." It works on paper so I figured I would have a "Public" test of it where people could follow along.
It has been great. It is nice to know the people that have followed along for these 2 picks as well are making some good money.
Key is discipline and not getting too greedy or trying to jump in and out of stocks.
Just 1 stock a year is all that is needed. (Though mine has been 2 stocks) But 1 stock until it doubles than move on to the next one. But don't rush it. I took 3 months from the time I closed out of my first stock to the time I bought my second.
The EARLIEST that I will have my next pick is probably mid/late October. But if you are interested in getting the alerts first make sure you are on the email list. I send out updates monthly on the stock, my thoughts, where I think it is going, what I plan on doing etc...