Purchase $1000 worth of common stock of 1-5 recently IPO'd companies ($1000 investment for each company picked). Do this every year for the next 10 years.
Start = August 2022. End = August 2032
Hold the stock for as long as it takes to become a 100 bagger.
2a. Turn Dividend Reinvestment on (DRIPS).
Sell if the stock becomes a 100 bagger at any point in time.
If after 10 years the stock has not appreciated 100 x then we are allowed one opportunity to sell for any reason whatsoever. This opportunity only exists between years 10 and 25.
Sell the stock no matter what the price is, after year 25.
I am allowed to check the price of the stock(s) one time per year. This will be at close of business April 4th of every year.
If April 4th is a non-market day, use close of business for the next market day.
See Video reactions.
Want to tell us what you think about the rules? Most likely we won't care. Let us help you.
Get in Touch