Mike we and a relative few others are the only ones who will be able to say we were in early as opposed to wow what if I had gotten in when it was only a dollar or so! I can wait... got no choice half my holding is in an IRA!
Quote of Mikethespike: "The only people to reap life's great rewards are the ones that are not scared to risk what they believe in. If you don't go out on a limb you will never get the reward. That is where the fruit is!"
A few have mocked my leveraged approach but I say think of the "risk" of not taking a leveraged approach......
No hope or even POSSIBILITY of success. I started in this "quest" with $0, that ZERO dollars. No debt, no money, a good job but no "financial future" My one asset was excellent credit so I can borrow for good rates like 5% for an overall debt cost. USE YOUR ASSETS
Somehow I think CTGI will beat 5%, how about 100% annually? thats the history and the future? more than double annually? Maybe!
Can you tell me the 401K mutual fund and my salary deductions will grow sufficiently for retirement in 10 years? You think SSI is going to cover it? I am 54 now......
There is also a RISK to NOT taking a RISK THAT IS FOR "SURE BEING" BROKE (not broke broke, just struggling wage earner type broke- working till you fall over broke)
Diversification if to protect stock brokers from getting blamed when a certain stock doesn't pop. TRUE there is RISK of losing everything when you are "all in", but how much more the POSSIBILITY of making a million?
IT TAKES MONEY TO MAKE MONEY, THATS WHY I borrowed the better part of 100K and went ALL IN with CTGI. BIG RISK, BUT maybe a BIG REWARD. Otherwise, what do I have? "0" thats ZERO. no cash no debt just the prospect of working full time until I am 80 years old.....!!!
Ready Lowman's profile: "took me 3 long years to make a million bucks over night"
I have lost money in like 10 other small caps but I kept it to very low dollars. My goal was to find the right play. I did not "leverage up" until I found a good bet with high probability of success. thats it, were here; CTGI
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