Alexander Green is the Chief Investment Strategist at The Oxford Club. And The Oxford Club is one of the oldest financial clubs in the nation… with more than 140,000 Members from all walks of life.
Members include accountants, doctors, Ph.D. economists, teachers, scientists, engineers and entrepreneurs.
Alexander Green’s mission is to help every Member grow and protect their wealth.
Normally, he does this through a diversified mix of investment recommendations that help Members earn exceptional returns on their money.
However… he recently revealed a dirty little secret of the investment world.
The truth is… sometimes diversification is not a good idea.
When you find a single stock that’s truly special, you can in fact retire on that one stock.
Retirement Plan with a Single Stock
If you look at the world’s 20 richest people… every one of them made a fortune not by diversifying into hundreds of stocks… but rather by concentrating their money in the one stock they understood best.
- Jeff Bezos got rich not by holding hundreds of stocks in a diversified account, but by concentrating his capital in the one stock he knew would succeed – Amazon.
- Bill Gates did the same with Microsoft.
- Sam Walton did it with Wal-Mart.
- Steve Jobs did it with Apple.
- And Larry Page did the same with Google.
These people all got rich by concentrating their wealth in single stocks.
Of course, you might be thinking, “Yes, but they are the founders of those companies.”
That’s true… but their shareholders got rich right alongside them.
That possibility is also available to you, if you find the right stock and take action.
Microsoft is a classic example.
Bill Gates became a billionaire. But right alongside him, thousands of ordinary people also got rich.
The New York Times estimates that at least 10,000 people became millionaires just from plunking a few dollars in the wildly profitable stock.
The “Microsoft Millionaires” include people like…
- Andrea Lewis, estimated to be worth $2 million, who started Hugo House, a center for writers in Seattle, with her profits
- Jim Allchin, who retired and became a renowned blues guitarist
- Chris Peters, a bowling enthusiast, who cashed out and bought the Professional Bowlers Association for an estimated $5 million (and then promptly set it on track to turn profitable and double its revenue).
For them, one stock did it all. It gave them the freedom to escape the rat race and follow their dreams.