Getting back to business. Phenomenal return while on vacation (4/21-5/14/2023) in Japan. Money starts working for you once you analyze, plan, and execute, everything is done correctly. Buying the right stock out of millions at the right time, at the right price has to be done without hope, randomness, or luck. $12,000 initial investment is now $180,000 over a year (1200% return) in Roth account. No tax needs to be paid. As my previous blog describes the details of my trades. I started purchasing significantly one oil stock since Nov 2021 when it was $0.26 and now $3.88 over 15 months. I put over $38,000 into the stock in the main account and I put $12,000 into the same stock under Roth IRA. Only one stock in the oil sector was able to achieve this. Once compounding is in play, $60,000 can be up in a few weeks.
All the economic factors started showing signs of weakness. However, the economy has not popped yet. I expected it to happen at the end of 2023 or 2024. Right before it pops, the market offers you the incredible opportunity to increase capital. GET IN AND GET OUT BEFORE IT HAPPENS. No greediness or not unnecessary exposure because it is a risk-managed investment.
