The simplest way I know to double my money
I just did it, and wrote about it. And I've been talking about for a few years.
Turning $1 into $2 is nice. Turning $100,000 into $200,000 is even nicer. But whatever the starting dollar amount happens to be, I think the simplest way to do that is the one no ones talks about.
You know WHY no one talks about it? Because there’s not enough money in it for them. But for the ones receiving the message, the ability to take this simple approach and personalize it to their own situation is something I think gets overlooked in the deluge of AI stocks, IPOs and “SPY or die” type of long-term investing.
If you read my work at Barchart.com, you’ve seen me talk about this. And if you are part of my live weekly sessions for premium subscribers, we’ve interacted over this topic frequently. Spoiler alert: my article for Seeking Alpha which will be published tomorrow morning is my latest thinking on this.
There’s a reason I keep coming back to this topic. Because I find it too compelling not to discuss with subscribers. There’s no magic to it. And it is not about immediate gratification.
It is about the things I talk about, in large part because I think that’s the GAP in the busy sea of investment publishing. Setting realistic goals, understanding how markets now work, managing risk first, then trying to make as much as you can.
It is all part of that “starter set” of key points which are essentially why I’m still working. Because I think there are enough people out there who can benefit from someone who’s invested for decades, and does not belittle his own experience by being yet another “stock picks” guy. The world has plenty of good ones, and more than plenty of bad ones. It doesn’t need another one.
So, here it is, simple and elegant. It is something I just did myself, so I’m talking my book as they say. Which I hope when you read it, you will appreciate. Here it is: