How to make Generational Wealth with two Stocks
Buy when others are finished with selling.
If you were lucky to find and buy some shares of these six generational stock (Facebook, Apple, Amazon, Netflix, Google, Tesla) early in their life cycle and held for a decade or two— you could be a billionaire.
At one time, I owned 10,000 shares each of these FAANGT stocks and had a net worth of over $10 million and monthly cash flow of $40,000 per month from selling of weekly and monthly call options on 20% of stock holdings. It was a good investment strategy that all made me multimillionaire and supported my luxurious life style.
However, just a profitable investment strategy was not good enough— because I left so much more growth on the table by selling too early and paid a kings ransom in taxes.
For example:
I bought Amazon at $3 per share and traded for years. Few years later, when it got to $103, I sold all and made a handsome profit of one million dollars. I did the same routine with the other FAANGT stocks that I was holding. I made about $10 million dollars, not bad.
However, if I had the wisdom and used the strategy of building generational wealth, I would still own 10,000 shares (of Amazon for example) at $4,000 a share (pre-split) and worth over $40,000,000 dollars. Collectively, it would be worth over $250,000,000 dollars for my FAANGT holding and then I would be selling out-of-the money monthly call options for $200,000 in monthly income, and hold these stocks for another hundred years. That’s generational wealth.
Today, we have two generational stocks worth looking at and taking a serious look:
1) MicroVision (MVIS) at $1.50
2) Lucid Motors (LCID) at $2.40
MicroVision (Nasdaq) MVIS:
Buy all you can afford and hold for 3 years... you will retire wealthy.
The world is going through a revolution that will change the way we live, work, and invest. We are now in the golden age of artificial intelligence (AI), where the possibilities for growth and innovation are endless. The power of AI is already transforming the world we live in. AI is driving the development of self-driving cars, revolutionizing healthcare, improving productivity in businesses, and changing the way we interact with technology.
MicroVision sale of just 1,000,000 LiDAR sets (one for each car with ADAS) produces $2,000,000,000 in gross revenue... enough net profit of $1,200,000,000 to power a $500 MVIS stock in two to three years. The markets are huge and MicroVision’s best in class product line, quality and scalability are in alignment— where 80 million new cars are sold each year... wow.
https://www.lerumba.com/Directory/two-dollar-stock-in-multi-trillion-dollar-market-article-140.aspx
Don’t just trade, invest for long term with an attitude to create generational wealth.
