Three More Long Shots for the Bold Investor
After writing my column yesterday, I spent some more time thinking about long shots. Stocks that have an upside of many times your purchase price can build wealth quicker than the typical Wall Street approach of looking for stocks that can rise 20% to 30% on the basis of some combination of earnings growth and multiple expansion.
To accept all the market, financial and geopolitical risk in order to own something that will go up 25% if everything goes right has always struck me a dumb way to invest. I want to think like a business owner and own something that will increase my wealth by a factor of at least four or five over time....699 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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