Choosing Great Stocks

I just wanted to take a moment to congratulate you for the discipline you’ve displayed in the Wealthy Investor program. 

As I told you 3 months ago, the stock market is going to have a monster retracement period. It is obvious to see that it has come to pass. 

In the Wealthy Investor program we avoid becoming trading junkies and succumbing to the impulse to trade every stock in our account. Rather we focus on the discipline of investing in long-term stocks using covered-call income. These long-term stocks include: The Home Depot, Inc. (HD), Visa, Inc. (V), and Costco Wholesale Corporation (COST).

I want to congratulate you for being patient in holding shares of Home Depot. 5 years ago HD was $160 per share. Today, shares have risen to $308. That’s an almost 100% increase in value over the last 5 years. By holding these shares you are not only getting a handsome quarterly dividend, you are creating long-term financial security. 

In the last 3 months, Visa shares have risen from $228 to $248 per share. By buying these shares and obeying $10 buy-signals, you are planting the right seeds and creating wealth.

If you are building a position in Costco, you’re reaping the rewards as a long-term investor. At the very beginning of 2023 Costco shares were trading at $456 per share and are now at an all-time high of $596 per share. Holding shares of Costco is proof positive that the Wealthy Investor program is positively impacting your financial life. 

Once again, my most successful students master the balance between trading for income and investing their profits for future growth. Using this principle creates a better life, giving you financial peace of mind instead of anxiety and stress. 

As a disciplined student, I am proud of you. You are really experiencing the power of the Wealthy Investor program. 

As stocks rise over the next year, I ask that you keep up the good work, and above all, stay disciplined. 

You have a lot to look forward to!

Tyrone Jackson, The Wealthy Investor