Tuesday, September 09, 2014 12:26:19 PM
I was trying to make a decision between two stocks in early 2002, Monster Energy Drink, huge risk, but high potential, kinda like Sigma Labs. Or it was eBay who has already established a foundation, had solid revenues and far less risk, kinda like 3D Systems. I had $10K to invest, which to me then was a lot of money. Wanted to dump it in MNST, but was way too scared and went with the safer route.
I chose eBay, which netted me about 400% return when I sold, if I held till today, would have netted me about 600%. So my investment went to $40K.
In the same way if I had bought Monster Energy Drink, I would have netted 15,800% return or $1.58M assuming I sold around the same time as when I sold eBay. If I held till today, then a 34,100% return or $3.4M.
Now my rule of thumb is never let emotions guide your decision, but this one I still can't shake off, it haunts me, so I decided to take a calculated risk in Sigma Labs. It is partly an emotional investment, but at the same time stories like Sigma come across once every decade, at least I couldn't find one as good since Monster Energy Drink.
Good Luck!
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