Bank This 47% Profit RIGHT NOW!
One year ago to the day, Wealth Research Group covered the only lithium pick we’ve found thus far that met our stringent requirements.
Today, after exactly one year, I am personally exiting the position for close to a 100% gain. We initially covered the company at CAD$0.91, but market sentiment towards lithium weakened and shares plummeted.
The company progressed its projects, though, and I became even more bullish, so I added to my position, lowering the average cost to CAD$0.65.
Even if you stuck to a simple Buy and Hold strategy, you’re up 47% in 12 months – that’s double the return of the S&P 500 during this same period!
I am taking profits on Advantage Lithium for two reasons:
- Our goal was to clear a 40%-60% gain in one year, and we’ve done that BIG-TIME!
During 2017, we’ve also banked a massive gain with First Cobalt, which was over 100%, even when avoiding any sophisticated dollar-cost averaging strategy.
- We’re not covering these two winners in 2018 because an absolute earthquake that will shock the entire resource sector is coming with the launch of a new company in the strategic, cutting-edge metals sector, and Wealth Research Group will alert you on it first.
Patience is everything with investing. In fact, one of my favorite Buffett quotes is this: “Time is the friend of the wonderful company and the enemy of the mediocre.”
A blizzard of profits will keep coming our way as long as we stay sharp and don’t settle.