I have some volatile stocks that will get you there much quicker, but any one of them may also take you backwards just as fast..as such, my suggestions are for relatively low maintenance stocks.
Stock 1....MLI (exposure 4-6 weeks?)
Buy next week...hold for 30% return...sell = $13,000
Stock 2...CRE (exposure 4-6 weeks?)
Buy immediately after sale of MLI...hold for 25% return...sell = $16,250
Stock 3...BNT (exposure 5-8 weeks?)
Buy immediately after sale of CRE...hold for 40% return...sell = $22,750
Stock 4...INL (exposure 6-9 weeks?)
Buy immediately after sale of BNT...hold for 30% return...sell = $29,575
Stock 5...QOL (exposure 5-8 weeks?)
Buy immediately after sale of INL...hold for 25% return...sell = $36,968
The above should take between 4 - 6 months...if you manage to acheive more than expected from one of the trades, you can than take less from the next.
Once the initial goal is reached, place the lot into NDO...
Stock 6...NDO (exposure 6 months - minimum)
Buy immediately after the last sale...hold for 110% return...sell half = $38,816 (keep shares = $38,816)
With the profits, buy a new car, boat, laptop and pay your commission...go fishing, keep an eye on your remaining NDO stock via your laptop and take in some sunshine.
It's very important to reward yourself for successful trades.
Oh yeah...don't forget to send me my 5% commission - cash only thank you!
You think I'm joking?...write down tonights closing numbers on each of these stocks, then look back in 6 months.
