Your Answers to My Question: “Tell Me Your Best Stock Market Story”
Today I want to share your responses to the question I asked when you signed up for the 100X Summit.
I asked you all to tell me your best stock market story, either one you personally have or one you heard of from a friend or family member.
I loved reading your replies, and I appreciate you taking the time to share your stories with me.
Robert wrote in:
- “I purchased Apple stock the day that Steve Jobs introduced the iPod. My returns from that investment allowed me to send 3 children through college and give them each a stock account worth over $50,000 to begin their lives upon graduation.”
That’s an incredible story. I was a big fan of Apple stock back when Steve Jobs was at the helm. As I’ve said many times before, the company has failed to truly innovate since his unfortunate passing. As you know, I only like to recommend true innovators, and the stocks I’ll talk about during the 100X Summit are exactly that — bold and forward-looking innovators in their fields.
Here’s another good one from Sydney:
- “Weight Watchers: 400%+
I love it! That’s an incredible return. During the 100X Summit I’m going to talk about a similar, yet exceptional, stock that produced 100X returns in FOUR years. This will give you a lot of insight into my process for identifying these types of opportunities.
Let’s go through a few more. Hank told me:
- “Purchased Qualcomm a few years back … MY $20,000 INVESTMENT THAT RETURNED ABOUT ONE MILLION $$$$$”
It’s so funny you mention that, because Qualcomm is one of the first stocks I will talk about during the Summit. This stock soared 18,245%. That’s not just a 100X return, it’s an even more rare 182X return — a genuine “once in a lifetime”-level gain.
I’m going to roll through several more of these.
This person made a 650% gain and a 4,672% gain buying and selling the same stock:
- “When Akamai Technologies went public in the late 90’s I bought 100 shares. Price was $26. I sold it less than a year later at $195. When the dot coms crashed I bought 1,000 shares at .44 which I sold over the next few years at an average of $21 a share.”
Another good one:
- “Just made $55k on Dave & Buster’s. Bought 5,000 shares between $5.10 and $5.21 and sold at $15.29-$16.10.”
Here’s several more:
- “NVIDIA. What can I say except that I bought 1,000 shares at $18.54. Cashed in 300 shares along the way. This to date is my best investment as I see this growing even better than it is right now. I have to admit I found this stock off a program on TV. I joined your group because of the 5G explosion and would really like to see another great win like NVIDIA. Looking forward to hearing your expertise.”
- “I bought Ford stock in 2008 when it went all the way down to $1.00. I bought in and sold when it went to $11.00. A quick 1,000% gain.”
- “I bought in to Apple back in 2007 at $14/share. Until recently it was up over 1,600%.”
- “I started investing in November 1969 with a National Defense Loan for $600. By May of 1970 I had parlayed it into $27,000. I didn’t really know a lot but as you said I HAD a gut for it. I got a kick out you basically retiring at 42. I did at 41. During the time after that was offered to be the first non professional to be invited to the millionaire round table for the Dick Davis report. Most had there had their own published news letter. I did talk to several and was shocked with their lack. I even had two of them call at my home asking for stock selections. After that most all people I met in the industry I have been disappointed in except for a select few. You Paul are one who has totally impressed me. Psychology of an investor is what makes you different. Above all others that I have met.”
- “3,700% return on Apple stock.”
- “Made 850% on Microsoft and I’m proud to say I picked that one myself.”
- “Back in ‘87 when the market crashed that night in the aftermarket we bought Bond call options for $1,500. On Thursday we cashed in on a 17-point move so that was $17,000 for every $1,500 invested. One heck of a great week”
- “I was young (50) and wild back in the year 1999. I got involved in options and purchased Qualcomm $500 January 2000 options on December 29, 1999. The stock surged to $800 on December 31st and my $50,000 turned into $200,000. I then purchased Rambus options in January of 2000 and my investment reached $4,600,000. I then proceeded to loose it all back over the next 2 years. I am now temporarily sidelined as a dentist and am returning to the game. This time I will treat it more seriously as a business. I am looking to take a small investment $20,000 and grow it as quickly and intelligently as I can.”
- “I made $400k on call options on YAHOO, paid for an ocean front condo.”
- “Kirkland … 1,250%.”
- “In the late 1990’s I turned $250K into $3 Million. Unfortunately, in the early 2000’s, I dipped into margin trading (the novices downfall), and turned the $3 Million into a little over $200K. My fingers were so severely burned that I didn’t trade in any stocks until I signed up for Profits Unlimited in October 2018. I have now extended my membership to your premier product. Who says you can’t teach a dog new tricks?”
- “After you said Tesla would hit $1,000 in 2020, I used long-term call options, trading them in and out, increasing or keeping the delta the same, extracting cash as I went for a couple of months as the stock rose. At the end of that time, I had earned enough to buy a Tesla Model 3 which I did.”
- “Mesa Medical wanted to buy my company in 2001 (I think). Their shares were selling for a little less than 5 dollars, and they offered me 300,000 shares. I turned them down, but I bought 1,000 shares. It is now worth over $200,000.00.”
- “Risked $10,000.00 at 6 cents/share on I think Qualcomm, sold out 1 day later at .26 cents and made $33,000+ in one day. I did it just on a personal whim, from news in the local news paper. Foolish I know but worked once!”
- “Cronos was my Best Buy ever when l made a 1,000% profit.”
- “Daig Corporation, bought out by St. Jude Medical. 30-bagger.”
- “Invested $1,000.00 in a local bank (Highlands Union Bank). It turned into $16,000.00 (dividends were reinvested). Since then the bank went public and was taken over by First Community Bank.”
These are incredible stories you shared.
Some of you clearly are amazing investors in your own right, which makes me absolutely honored to have so many of you as my readers.
I asked you all to do this because I wanted you all to see that big, life-changing returns are possible.
Some of you bought into market leaders like Microsoft, Qualcomm, Nvidia and Apple early on, before anyone had any idea just how big those stocks could get.
That’s the kind of opportunity I’m talking about.
Tomorrow, I’m going to reveal an overlooked sector of the market that I believe has the greatest possibility of producing returns greater than any of the ones mentioned above.
These are opportunities I’ve never shared with anyone. I didn’t even buy stocks like these for my clients when I worked on Wall Street.
That’s how big of a deal this is. I’ve never done this before. But I’ve spent years building up to it.
The 100X Summit airs in Monday, April 6 at 8 p.m. EDT
I look forward to seeing you all there.
Paul