REVscene Automotive Forum - View Single Post - You inherit a tidy sum of money. What do you invest in?

BIC_BAWS · 05-02-2019, 04:47 PM

If casino and doubling down is an option, you might as well look into private placement investments (app/other businesses/etc).

If the plan is good, most private placements will start initial funding round at $0.10, with plans to IPO. While no one can guarantee how much return you will get, many businesses trying to IPO will have their founding shares locked for three years. This suggests they have an incentive to make the stock price as high as they can in three years.

The most recent one I've invested in is exactly that. Initial buy at $0.10, founding shares locked, they have a market maker, and (no guarantees but) aiming to hit $0.40 by Year 2. I'd say that's a pretty good return. 50K to 150K in two years.

But again, risky play.

05-02-2019, 04:47 PM	#22
BIC_BAWS OMGWTFBBQ is a common word I say everyday Join Date: Apr 2013 Location: revscene Posts: 5,144 Thanked 5,546 Times in 1,978 Posts Failed 180 Times in 78 Posts	If casino and doubling down is an option, you might as well look into private placement investments (app/other businesses/etc). If the plan is good, most private placements will start initial funding round at $0.10, with plans to IPO. While no one can guarantee how much return you will get, many businesses trying to IPO will have their founding shares locked for three years. This suggests they have an incentive to make the stock price as high as they can in three years. The most recent one I've invested in is exactly that. Initial buy at $0.10, founding shares locked, they have a market maker, and (no guarantees but) aiming to hit $0.40 by Year 2. I'd say that's a pretty good return. 50K to 150K in two years. But again, risky play.