Been a while since a proper coffee money update. So if you are new, here's the story... Every time I skip buying coffee at my local bakery, I buy stock instead. It's essentially an exercise in discipline. Basically, the rules are: - stock has to be high risk/reward - must be cheaper than a cup of coffee ($3.25CAD) - can stop buying shares once it caps out on price, or position reaches 1000 shares - not allowed to sell unless it gets at least 100% return - not allowed to sell to take a loss Best case: 🚀🌙 Worst case: Bankrupt or delisted 😵 ☠️ I started with $ASST, but then it reverse split and that was that. 😬 Next, I chose $COSM and it's actually looking pretty positive at the moment. 👀 Sooooo.... has anyone else started this fun little project?? If so, let me know which stock you picked and how that discipline is going!
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Mark @mark117 · 23dEdited
With dry powder I buy stocks that pay a nice dividend plus some growth. Once I get to $2,000 in the stock I stop and re-invest the dividends, which gets me an extra stock each month for free..and it’s kinda like having a little renter on autopilot. Some are monthly, some quarterly. The first stock I got up to 2k was $CJ , the second was $MKP and the 3rd which I just achieved is $WCP
