To Those Looking To Invest In Stocks (Part 1)

...Find it VERY valuable, and appreciate you sharing!

Your success stories are certainly inspiring. However, what I'd be most interested in is the *thought process* and reasoning which led you to choose those particular stocks.

I am starting to see just how steep my learning curve will be to become the "Ultimate Investor," as Robert Kiyosaki calls it. But that's OK -- just makes the project that much more rewarding!

I'm definitely thinking I'd benefit from a mentor in the investing arena. Perhaps someone would be interested in guiding me along in this capacity in exchange for my business building advice?

Thanks again, Dien. Look forward to more great insights.

Best,

Jesse

> Hi Jesse,

> Is anyone finding these valuable?

> What kind of returns are possible?

> The first stock I bought was in 1997, I
> bought stock in an Australian company called
> CSL. I bought CSL for around $8 per share.

> Today (a little bit over 4 years later),
> they're selling at $49.45 per share.

> The next stock I bought was another
> Australian company, Cochlear, for about $6
> per share.

> Today (a bit over 3 years later), they're
> selling at $39.26 per share.

> The next stock I bought was another Aussie
> stock, Nautronix, at $1.20 per share. I sold
> it 6 months later, also at $1.20 per share.
> (I broke even.) I just included that to show
> that even I make the occasional mistake. But
> I always use a good margin of error, so
> mistakes are unusual. :)

> What can anyone else make? For the above
> results, on CSL so far I've made about 57%
> per year compounded annually. On Cochlear,
> so far I've made about 87% per year,
> compounded annually.

> Last year, in July, I bought my first
> US-listed stock, Resmed (RMD), at around $25
> per share. Today, they're selling at $55.69
> per share, a little over one year later.
> That's over a 120% return on my investment.
> (That beat even MY expectations!)

> Can anyone do this? Frankly, I think I've
> been lucky.

> BUT, I do believe that you can make a return
> of 30% or more per year on your investments,
> if you're willing to take the time to do the
> research work. It does take work, but the
> nice thing is you only do the work once.
> Once you buy, you hold, which means you do
> some research, you buy, then you sit back,
> DO NOTHING, and watch your money grow. :)

> I'd love to know if anyone is interested in
> this topic or not.... To tell you the truth,
> day-trading is far more exciting. But this
> long-term investment approach is far more
> profitable. :)

> - Dien Rice