You made a lot of smart decisions, but you could have done even better. It is for that reason that I hope you pay close attention to what I am about to say. I know this may seem hard to believe, but pretty soon you (and everybody else in the world) will be carrying a portable phone around in your pocket. Not only will you be able to call just about anyone in the world from almost anywhere in the world, but it will be able to do anything that the PC sitting on your office desk can do. I know what you're thinking; sounds pretty crazy, right? But I swear it's true, and there is no one thing you can do right now that will more than satisfy all of your financial needs in retirement. Today, I want you to take all of the money in your IRA and buy shares of Apple (NSDQ: AAPL). I know it's a company with a silly name, but it is about to go gangbusters! If you buy it now, it will be worth 400 times as much in twenty years. That means a $10,000 investment in 2001 will be worth $4 million by the time you reach age 62. P.S. If you do me this one favor I promise I will never bother you again! Epilogue Regrettably, I did not buy Apple 20 years ago. I did buy it six years ago and made a very nice profit, but nowhere near what I could have made if I had bought it a lot earlier. As ridiculous as that letter may seem, every word of it is true. Apple really has returned over 40,000% over the past 20 years despite the occasional setback. If you're thinking that I cherry-picked a point in time that happened to coincide with the beginning of Apple's rapid ascent up the charts, consider this. On June 4, 2001, AAPL was trading at 32 cents a share (split and dividend-adjusted). Thirteen months later, AAPL was trading for 21 cents. A year after that, its share price was back up to 32 cents. Had you bailed out of Apple after one year, you would have lost a third of your money. Even worse, you would have missed out on one of the greatest investment opportunities of your lifetime. That's why having a proven system and sticking with it is critical to long-term investment success. That's where my colleague Jim Fink comes in. As chief investment strategist of Velocity Trader, Jim has developed a proprietary investing method that consistently beats Wall Street at its own game, in markets that are going up, down or sideways. His 310F trade is the most accurate way I've ever seen to double your stake in just three days. Want to learn about Jim Fink's next trades? Click here now for details. |
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