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.
* The Stock Market is For Everyone, Eric Milton’s short guide to stock market investing for beginners, is available in e-book and paperback formats. If you like what you see on this blog, we hope you’ll take a moment to purchase and read the book, let us know what you think via a blog comment or Amazon review, and share this information with others! Thank you. *