Of all the excuses I hear from investors who are missing out on today’s boom in tech stocks, the one that puzzles me the most is this one:
“I simply don’t have enough money to take advantage of rising tech stocks.”
To that, I can only respond, “Really? Do you have $32?”
Because that’s how much we pay for the average technology stock in my model portfolio: Just $32.
You can’t even buy a full tank of gas for $32 these days — let alone a decent dinner for two.
|You can buy a potential tech superstar for less than it costs to fill your gas tank.|
And yet, if recent history is any indication, the $32 you pay for one of these new tech superstars could very well become $64 … $96 … or even $128 for you.
Skeptical? I understand — but remember: A whopping 93% of the new technology superstars in my model portfolio are up — with gains of 114% … 178% … 156% … 234% … as much as 305%.
That 305% gain is more than a quadruple — and it sure doesn’t take many of those to turn a poor man into a rich one!
The great thing is that ALL of today’s tech superstars were cheap once — and just look how much they’re up on a split-adjusted basis:
- Nvidia IPOd at $12. Today, it’s up 1,682%.
- Lam Research first sold at $10 per share. Today, it’s up 2,228%.
- Intel started life at $23.50 per share. Now, it’s up 8,303%.
- Applied Materials began as a $10 stock. It has soared 8,646% since then.
- Dell IPOd at just $8.50. Today, it’s up 13,718%; enough to multiply your money 137 times over.
- Apple began as a $22 stock before it skyrocketed 14,950%.
- Qualcomm once went for just $16 per share before exploding 15,651%.
- You could have once bought EMC for just $16.50 per share. Today, it’s up 15,944%.
- Amazon started out as an $18 stock. It’s up 19,051%.
- Cisco also started life as an $18 stock. It’s up 34,316%.
- Adobe IPOd at just $11 per share. It’s up 40,000%.
- And Oracle began as a $15 stock. It’s up 58,881%.
For every $1 you invested in Oracle, you’d have $588 today. At that rate, $10,000 becomes nearly $6 million and $25,000 becomes nearly $15 million.
… All with a stock that only cost $15 a few years ago.
No doubt about it:
Cheap stocks with the power to quadruple your money
are the ultimate “Poor Man’s Way to Riches.”
To me, technology stocks are the ideal egalitarian investment. They don’t care who you are, how much education you have, even how much money you have.
These young technology superstars are all about tomorrow. When you invest in them, you are investing in a brighter future for all of us — and especially for YOURSELF.
P.S. Let’s talk tech stocks! Here’s your chance to ask me anything you like about technology stocks: Simply click this link to jump over to the Money and Markets blog. I’ll check in during the day and give you my best answers to your questions.
I won’t be able to do this forever, so be sure to join the conversation right away: Just click this link and let’s get the conversation going!