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Post by violet on May 18, 2010 21:51:31 GMT 11
I heard something today that gave me an insight into how some folk become financially successful. It was on a tech podcast. They were discussing a company whose shares were $10,000 at start up and which now, not long later, are worth $170,000 EACH. So you not only need some capital to start with, but you need to be in the right industry at the right time, and must have the knowledge to recognise what could be a growth company. And you must be prepared to sell and take a profit. It's the sort of opportunity which is pretty unlikely to appear before the average housewife. I was so shocked by the increase on their investment that I had to share it. Elisa
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Linda
Moderator
~Exuberant Seachanger~
Posts: 2,524
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Post by Linda on May 18, 2010 23:47:18 GMT 11
Wow...that *is* a huge increase Wish I could buy into something like that! Linda
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