Fast Money Blog- 6/3/22

Do You Have A Solid Investing Plan?

In this week’s Fast Money Blog I want to remind you to take a moment to think about and create a solid investing plan.

I’m sure you are aware that both Amazon (AMZN) and Alphabet Inc. (formerly Google, GOOGL) stock are scheduled to split 20-1.

Stocks splits of this magnitude are a tremendous wealth building opportunity. It is very important that no matter the market condition, you are holding the right stocks in your portfolios.

Although we are in the middle of an incredible pull-back in the stock market, the Wealthy Investor investing strategy is paying off big-time.

I want to remind you that if you had invested in these Wealthy Investor stocks 5 years ago, (like many of you did), you would be doing very well today:

Microsoft Corporation (MSFT)

$10,000 invested in MSFT 5 years ago is now worth about $35,360

$100,000 invested in MSFT 5 years ago is now worth about $353,600

$1 million invested in MSFT 5 years ago is now worth about $3.5 million

Apple, Inc. (AAPL)

$10,000 invested in AAPL 5 years ago is now worth about $40,500

$100,000 invested in AAPL 5 years ago is now worth about $405,000

$1 million invested in AAPL 5 years ago is now worth about $4.05 million

Amazon (AMZN)

$10,000 invested in AMZN 5 years ago is now worth over $24,960

$100,000 invested in AMZN 5 years ago is now worth over $240,960

$1 million invested in AMZN 5 years ago is now worth over $2.4 million

Stock splits will be an important part of how we generate income over the next 36 months.

Your ability to contribute money to all of your trading accounts will be a critical part of your financial future as we move forward.