Has been a wonderful ride for me so far! Will be retiring tomorrow and be done with blind as well. Happy to answer any questions.
AGE: 44
NET WORTH: 11M
Have been working in apple for about 10 years now. All this time, i had invested heavily on Apple and Amazon shares. My net worth is largely due to appreciation in amazon share value. Thank you
I am honestly not a stock expert. I am just more lucky than smart. I had invested in AMZN and APPL only and it worked out for me. I never had stocks of any other company
I had around 3k shares of Amazon that i had invested from very early days when the price was under $200. Kept investing on Amazon till it was around $800. All my net worth is due to stock appreciation. I somehow had the gut feeling about AMZN exploding as a giant company one day, so went all in with it
When amazon stock was $200, it was a 100B company. So my question is, is it actually a surer bet on something that’s 100B today, and has already shown it’s got the special sauce to go to 1T and beyond? Versus something less than 10B and betting it to go to 100B?
If you really want to know how to get Millions on stock market, find out your edge (what you are good at it) in stock market, and do some hard reading to understand the early birds as if you own the company (as if you are CEO).
You have choose the early bird (like TSLA or SHOP or NVDA or even TDOC) when they are priced below 50 and their market cap is between 2B and 10B.
This needs extensive reading, analyzing the companies. This is not on books, but to create 1-2 page document how the early bird will grow in future.
All the four companies I said, I did complete study during early time. I failed getting into that when I got greediness (killed me in the past), excessive ROI expectation without a right process.
Whatever process you follow to study the companies, the process should be pleasant, likable and enjoyable for you. If you get into this mode, your intelligence automatically takes you where you want to be. It takes time to master the art, but definitely it is doable.
Good idea, I would recommend 2B-5B first weightage, then 5B-10B second level. I analyzed TDOC, TSLA, SHOP and NVDA when they were 2B-10B level.
Here is my finviz filter I focus for 2B-10B, I choose min 1M volume for liquidity purpose. 5M volume is a must to consider on study (and manually remove the companies like Kohls)
At any time, keep reading about 5 to 10 companies and invest slowly one by one.
Simply choose 2B-5B selective companies, look one or two qtr growth (how they grow), read their quarterly report, attend the conference calls. Try to follow how they grow.
In this process, whichever is not god, drop them off and go for new one.
As a second part, if a person has better knowledge on technical analysis, trading 5% with stocks or options. However, this will create greediness and kills us too.
My biggest lesson and important warren buffet rule : Never lose money. Try to create the habit of never lose money.
It means we need ensure (by our analysis) that we are buying at possible low price ! How will we ensure is our edge on the market analysis. Even one cent gain is far better than one cent loss.
BTW: I am not a financial adviser, these are just hints how to grow funds, but may go wrong.
3000 share of AMZN is 9M. He might have $2M worth of AAPL. All these are mostly pretax money. After tax net worth is probably $7M. He’s made a really good investment, probably start from 2-3M.
Does he plan to hold onto these 2 stocks to retire? Seems really concentrated.
Seems really concentrated => What is the risk? Will these company go bankrupt in near future?If these two companies are in trouble, entire S&P, all funds, hedge funds, warren buffet…entire US has trouble. Any sales results in tax.
Normally, when stocks grows such level, the holder sells a portion of it, like rental monthly income, and live with that amount. This is the best way to avoid paying high tax.
BTW: I am not a financial adviser, these are just hints how to grow funds, but may go wrong.
Pulling my mouth, however I have some edge that will save me. I am late entry to stocks/investment, just 3-4 years, but my growth will be faster than any one. I do not want to hint further.
from SAH/ WFH/ 
stocks with market cap less than $20B market cap.
for you.