We all set out on our investing journey with the hopes of changing our financial future forever. So, what if we told you that you might only need one moonshot stock to skyrocket your long-term investing gains?
Don’t think it can happen that easily? Well, that’s exactly what happened to MyWallSt Co-founder Emmet Savage. To tell that story, we have to go back a while, all the way to the start of the millennium.
That was when Emmet invested in one particular stock that changed his investing life forever. It happened just after he was nearly wiped out by the dot-com crash of the early 2000s. When the market crashed, Emmet lost everything and he was licking his wounds whilst trying to figure out what went wrong. The most important lesson he learned from losing it all was that he knew he needed to ensure that it would never happen again. He decided that with his investing choices, he would never let himself be exposed to the whims of the market like that again.
How to find that one stock to skyrocket your returns
To find out how he could do this, Emmet studied the greats. He poured over the teachings and tactics of the world’s most famous investors, Warren Buffett and Peter Lynch. They advocated for long-term, buy-and-hold investing which they said guaranteed a wealthy portfolio. With this knowledge in mind, Emmet made a discovery.
When studying companies, he found one that was on a mission to change the world forever if successful in their goals. That company?
Netflix (NASDAQ: NFLX).
In the early 2000s, this company was still sending DVDs to customers in the mail. However, Netflix was already doing something very different to its competitors.
The love for its business model came from Emmet’s great resentment for the late fees charged by the likes of Blockbuster (and Irish equivalent Xtra-Vision). What he loved about Netflix was its policy of no late fees. In addition, and more importantly, the company was moving towards something a lot more exciting and futuristic — streaming content.
And I’m sure you don’t need me to tell you what happened between Netflix and Blockbuster. The former obliterated the other and is now one of the most successful companies in the world, becoming a household name along the way.
Before Emmet knew what a success the streaming giant would become, he sold his car to buy Netflix shares. Currently, his Netflix investment is up over 29,000%. This outstanding return has changed his life forever and encouraged him to find other wild card investments for his subscribers.
How to be a successful investor
With this feeling in mind, Emmet went out to get the world investing successfully. By following his journey, you too can feel just as excited, secure, and confident whenever you check your portfolio.
If that sounds good, join Emmet on Tuesday, September 21, where he will be using some of the lessons learned from Netflix, and everything in between in his 20 years of investing, to help you get on the path to financial freedom. In the workshop, he will be advancing you to the part where you can identify wild card stocks and make wise decisions.
Make sure you get your spot on this one-off opportunity right here.
Content Writer at MyWallSt
Nicole's favorite stock is Etsy because she loves its original and handmade items. She believes people are going to stop buying mass-produced items and start purchasing ‘one of a kind’ fashions and furnishings. In a world of sameness, Etsy has the advantage.