How I Doubled My Money In Stocks I Traded With GEOInvesting.com
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Back in the 1990s, as the United States went through the longest peace time economic expansion in history, I was heavily invested in the stock market. With well over $200,000 in equities, I watched the market go up every year as we approached the millennial. But as the year 2000 drew closer, I saw all of my gains turn into loses as the dot com bubble began to burst. Stocks like Go.com a division of Disney (DIS:NYSE), Cisco (CSCO”NASDAQ) and AOL were tanking as the market went into a slow and steady decline.
I took my loses and stayed out of the market for the next 15 years, watching the devastation of the equity markets in 2008 from the sidelines. I really never entertained getting back in, but early last year a friend introduced me to an investment website that had an extremely successful track record that taught you what to look for when investing in stocks.
Since I started investing again based on the information from GEO Investing.com, I doubled my money on a many of their stock picks in just 6 months. One of the first companies I invested in, which I found on the website, was Energy Focus Inc. ( EFOI:NASDAQ), a company that manufactures energy efficient lighting products. I bought the stock right around $ 7.00 and when it went to $11.00 just weeks later, I sold my shares, making well over 50 % on my money. That stock ended up going to $28.00, and yes in hindsight it would have been great to hold it longer, but I was happy with the return I made.
Soon after EFOI, I invested in book publisher Educational Development Corp. (EDUC.:NASDQ). I bought the stock at around $5.00 and quickly sold it at just under $11.00, more than doubling my money. I then watched this stock go to as high as $17.00, but again, I was happy with my return, since it’s really hard to predict what the peak return of a stock is going to be.
Since last spring, I have invested in about 8 of GEO Investing’s companies and although some of the companies have not been “two baggers” or three baggers yet, I am happy that , overall, I am making money in the stock market again.
With the Dow recently dropping almost 2000 points over the past couple weeks, now is time to take a close look at GEOInvesting and the micro-cap sector. It worked for me and I never thought I would invest in stocks again.
For more information, go to GEOinvesting.com
About Scott St. JohnI have worked in the media for over 30 years as a Producer,director, cameraman,photographer and in publicity. I have worked for the four major television networks and for over 20 different cable networks. From American Idol to the Today Show to HBO Documentaries to the Academy Awards, I have been fortunate to work at the highest professional level in television. As a photographer, my work has been published or seen online in magazines such as Maxim, Stuff, Us weekly, InTouch,Gotham, Shock, OK magazine and more. My work has taken me to the four corners of the world from Africa to South America to Europe to Japan. It's been a great run and I am happy to be on board with the News Burner team.
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