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Money and how to make $273,354 profit (Update)

 Money and how to make $273,354 profit   Update March 2015

 

Here is the March 2015 update from my original post . If you need to refresh your memory here is a link to the original article. Basically I chose 10 shares from Martin Roth’s Top Stocks book and held  them (hypothetically) for a 14 year period. Now, each two months I will provide an update on the progress of the share portfolio.

Overall the share portfolio has done very well in the last two months. It has risen in value $24,525 (that’s $12,262 per month). Not bad for selecting random stocks from a book and holding on to them!

The portfolio since 2000 has risen $259,556 which is still $13,798 less than when I started these articles in July 2014. As you can see though all but two of the stocks (Maxitrans and Amcor) are above 100% profit since 2000 and three are above 400%.

You may say, “oh big deal $259,556 profit but we had to wait 15 years for it”. Look at it another way. $259,556 divided by 15 = 17,303 per year. So for the last 15 years you had $17,303 extra in your life (per year) just by deciding to buy shares and sit on them.

Screen Shot 2015-04-04 at 2.20.17 pm

The next update will be in May 2015. We’ll see what happens then!

 

 

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