So I got a new idea for my 2 year old. The idea is for him to invest long term in the micro penny stocks that I trade. My thinking behind this is that if he owns say 20 companies with about $50.00 in each he would own between 1,600 and 250,000 shares of each (range of $0.0002 to $0.03).
Say if 16 of them failed completely, 4 of them would not. Say out of those 4, 1 made it to $1.00 per share, bam that is $1,600 to $250,000, then say if the other 3 made it to say $0.50 that would be another $2,400 to $375,000!
For a total of between $4,000 and $625,000! With a total input of only $1,000. But we are talking about this amount of money coming from only $200 because the other 16 companies failed for a loss of $800.
Now that is what I call return on capital! Then again this might work for him because he has 16 years to invest before he is even an adult.
Can you imagine the possibilities if he was into 60 companies instead of 20? Wow, now there is great opportunity!
Here are some of the stocks I am looking at for him to do some long term investing.
Assuming he has $50.00 in each here is how it would break down:
Franklin Mining - FMNJ ($0.0002) 250,000 shares.
Pacific Gold Corp - PCFG ($0.0029) 17,241 shares.
Green Star Energies - GSRE ($0.0013) 38,461 shares.
ParaFin Corp - PFND ($0.002) 25,000 shares.
Genova Biotherapeutics - GVBP ($0.005) 10,000 shares.
MultiCell Technologies - MCET ($0.0045) 11,111 shares.
Axia Group - AGIJ ($0.03) 1,666 shares.
Frontier Energy - FRGY ($0.0003) 166,666 shares.
International Building Technologies - INBG ($0.0002) 250,000 shares.
Now that is a start, so I will track this virtual portfolio and see how he does. (The actual stocks I invest in for him may vary)