On August 21 of this year, I wrote a post titled “Buy Growth and Hold It”.
We took a small amount of money generated by my beginners’ investment handbook, The Stock Market Is For Everyone, and purchased one share of a company called The Trade Desk (NASDAQ: TTD) for $48.20.
The purpose of this investment was to demonstrate the potential returns available from investing in young companies with tremendous long-term potential.
At the time I wrote the post, back in August, TTD was up 165.58% from where we purchased it, which was phenomenal!
I wanted to follow up today on that investment, so readers can see how the stock has fared after the big sell-off we’ve had…
As of this writing TTD is up 195% from where we purchased it. By any measure, that is a great return!
Our game plan is to hold onto it and potentially add to the position as soon as we can.
Remember…buy growth and continue to hold! Always remember this when deciding what stock to buy.
My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.
Click here to be taken to its Amazon page.
(Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)
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