To Those Looking To Invest In Stocks (Part 1)

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