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Tuesday, June 17, 2014 1:22:37 PM
2+ years but emotions do make it tough. I have plans to sell 15% of my shares if it hits a dollar w/o an RS so I can get back my original investment.
If the story is still good after that it may be even longer until I sell. Or maybe I just sell another 15% if it hits $2. Not sure.
I thought about a magic number and that for me is $5 without an RS. With the number of shares I have it'll allow me to pay it forward to 3 people (I'd pay off their mortgages as an example) then I'd pay for my niece's college.
For myself? I'd buy a modest house or condo in the burbs ~250k and a new Jeep ~35k and would continue living below my means. I'd keep working since I make good money and work from home.
The rest I would bank and put a lot of thought on how to invest and grow that money.
One other scenario of course. If it crashes and burns I plan to go down with the ship, errr plane.
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