For decades there have been debates as to where one should put their money if they want to watch it grow.
One of the biggest examples of this debate is Donald Trump’s wealth – as there are many people who would have speculated that had the businessman-turned-president invested his money into the S&P instead of real estate – he’d have had a lot more money than what he claims.
Of course, nobody has a crystal ball and can see the future – all we can do is look back and see what would have been the smartest thing to do with our money – as hindsight definitely is 20/20.
It’s seems that for those with enough money to simply “forget” about – investing in the S&P seems to be a VERY smart play – with some saying that it’s the best way to grow your money if you don’t feel like trading.
However, there have been a few anomalies that put this statement to the test – and one in particular that has put the S&P to shame…
And it presents traditional investors with an age-old quandary: where do I put my money?
Where do you put your money?
Well, it depends on what your goal is, doesn’t it?
If you’ve got tons and want it to protect it – then obviously the best place to put it would be a bank…
Maybe a CD or Money Market account – maybe even bonds…
But most people aren’t content with simply watching their wealth stay put – they want to watch it grow – and the only way to watch it grow is to put it to work for you.
The Gorilla’s strategy is pretty clear…
I like to make a lot of money really fast while giving myself short windows and firm price points in order to do so.
However, the fact is, “running and gunning” isn’t everybody’s style – as an investor – I totally understand that…
So, there are other ways to watch your money grow that we can talk about – ways that are a little more “slow and steady” than fast paced and exciting.
Just because I like the thrill of the hunt – doesn’t mean that you do – and that’s ok…
Baskin Robbins has 31 flavors for a reason, right?
Anyway, one of the most talked about and often used money-making strategies is a simple “set it and forget it” variety that finds ONE vehicle to put your money in that has a bigger return than simply parking it in a bank…
And that’s the aforementioned investing in the S&P 500.
The S&P is a wonderful vehicle to invest in – it’s returns are practically unmatched (as far as indexes) go – and is much more affordable than its Dow and NASDAQ cousins.
But the fact of the matter is…
There are better vehicles out there – and one in particular that almost EVERY investor should take a look at.
Tesla Inc (TSLA) has been a ROCKSTAR of a performer – as far as stocks are concerned…
So much so, that you often see me writing about the stock – or it’s brilliant CEO, Elon Musk – more than anything else around.
Why is that?
Because Tesla has been a steady and profitable performer since it debuted a decade ago to the amusement of many on Wall Street.
“An electric car company? That’s preposterous – there’s no way that stock will succeed – let alone make people rich.”
Ahhh, if only that had known how wrong they’d be.
Since debuting in June of 2010 – this stock is up an astounding 18,318% – yes, you read that right…
Eighteen THOUSAND percent.
Tesla has been a steady performing – and has outperformed every single stock in the aforementioned S&P 500 – not to mention almost everything else on Wall Street.
This is why Elon Musk has just surpassed Amazon’s (AMZN) as the richest man in the world…
His stock has performed! And the best part is – it performed while LOSING money – it didn’t become profitable until LAST year!
How good has TSLA been?
Well, If you had invested $10K when the company went public – your shares would be worth a whopping $1.8 million today.
Had you put that same $10K into the S&P 500 during that time – it would have been a good play – as it would now be worth about $36,732 – which is a LOT more than putting it in a CD…
But CONSIDERABLY less than putting it in to Tesla.
Can you see the pickle now?
Do you take a chance on Tesla? Or do you go with the steady profits of the S&P?
Regardless, you’re going to make money – the question is: how much?
I can’t stand just parking my money anywhere though – I like to put to work for me and make bigger margins in faster times.
It’s what helped me turn just $250K into a whopping $5.5 million in just 18 months*…
And I’d like to give you the same opportunity! I’d love for you to be in on the nest GT recommendation – so please, consider joining today to ensure you get our next email.
It could be the best thing you do for your money outside of giving it to Elon Musk!
“When something is important enough, you do it even if the odds are not in your favor.” – Elon Musk
* Please note that this happened during the dot-com era, and Ken used both margin and options to leverage his account. This result is not typical and it would be very difficult to produce this type of return in the stock market today.