Stocks - Building wealth for my kids and sharing the journey - Start here
Start here
Welcome to 10X CAPITAL POT, hosted by me, Giovanni C.
Consistent investment over time in tomorrow's leaders is the best way to participate in the incredible wealth creation generated by the world's most innovative companies.
In 1991, my father bought a $100,000 house in central Italy. Today, 16 May 2021, that house is valued at $300,000. That's about a 3.7% yearly return—1.7% above inflation—for a real return of 2% a year.
Investing the same $100,000 in Apple back in 1991 would be worth more than $41,000,000 today. Forty-one million! That's 410 times your initial capital.
A company can grow, expand, and create wealth for shareholders. A house cannot.
What was the average yearly return for such staggering wealth creation? 23%
Over 30 years, a 23% average yearly return can transform $100,000 into $49,791,286.
I know there are many caveats here, but you get the point.
Why Subscribe?
Picking Apple in the nineties was not easy, and banking on one company only is very risky.
Investing in a pool of promising companies and "forgetting" about them can bring incredible results.
I believe that investing in great companies is the best way to participate in the wealth creation from the world's best businesses.
Interestingly enough, buying stocks in great companies is the most powerful way to combat inequality.
This is my idea of creating "POTS"—like piggy banks Portfolios that can create incredible wealth.
I want to start with my kids in mind. Still, my goal is to find ways to help as many people as possible get a "POT" early in their lives.
I'm here to share my journey and contribute to raising awareness of personal finance.
I hope my journey will encourage as many people as possible to learn about investing.
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Important: This is not investment advice. Consult a licensed financial advisor before making any investment decision.