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Feb.1,2012Achieving wealth may be as close to you as your local bank. Yes, your local bank could have unemployed wealth just sitting there waiting for you to harvest. I'd like to share with you one of my most successful systems of making money. This obscure investment methodology is incredibly simple, yet so effective. It is as easy as going to a bank and opening up a savings or checking account. It is the height of simpleness, yet its potential is unending! Does this sound too good to be true? This is true and I'd like to tell you this is the real thing!
This straightforward yet effective technique of making profits is investing in bank stocks. Not just any bank stock, but banks that are changing from private possession to public possession. There's real wealth available here! Real profits that are just sitting there waiting for me and you! What more could a stockholder want? This investment opportunity is easy, low risk and has the capability to be really rewarding. I've been making an investment in these bank stock conversions since 1993 and I have never bled money with this investment opportunity.
The better part is you can commence with as little as 50 dollars! Yes, only 1 fifty greenback bill will set this ship sailing! This is what I consider an investment opportunity of a life time!
I need to tell you there is no more pleasurable way to earn money. My wife and youngsters and I turn this business venture into a collection of little mini vacations. We have seen a lot of the country and have had a great time doing it!
We have made countless visits to open bank accounts at personal banks and at the same time have loved the fall in New England, lobsters on the Cape, shopping on Chicago’s Wonderful Mile and great sailing on the Chesapeake. For those individuals who like to go it's a great business , but for those people who need to stay home and earn there also are lots of opportunities! There are banks all across the nation which will apply for an account for you via mail. Either way, you can come out a winner!
Let me give you a fast explanation of this business and I will go into more detail throughout this Chapter. When a bank converts from personal ownership to public possession, the bank sells stock. The bank offers people who have accounts with their bank first concern on purchasing stock before the bank goes public. The stock is offered to the account holders at an especially agreeable price. Once the bank goes public, the stock often surges in price, giving the account owners who were sensible enough to buy the stock a very valuable asset.
I made as much as a $304,200 profit in twenty four hours buying bank stock on the conversion date. I hope I have gotten your attention. May I explain to you
more.
“The Investment Opportunity of a Lifetime”
Peter Lynch (Worth Magazine)
I have been investing in private , jointly owned savings banks that convert from private ownership to stock ownership since 1993. There are presently over 700 mutual savings banks in the U.S. That are jointly owned by the depositors very like a farmer’s co-op that is the property of farmers.
Many mutual savings banks have been operating successfully for one hundred years or more. These banks aren't in public owned and have no stockholders. Any profits they make are accumulated over the years and are mutually owned by the depositors. The depositors can't access this amassed profit also known as ‘net worth ‘ or ‘equity ‘ unless the bank converts to stock ownership in what is commonly known as a Stock Conversion or Initial Public Offering (IPO).
In the stock conversion the bank ‘goes public ‘ and stock is sold to the depositors of the bank in a Subscription Offering. Afterward shares of the bank are traded on one of the major stock exchanges. The vast majority of banks that convert to stock ownership trade as microcap stocks.
Lots of mutual savings bank stocks trade on the NDX stock market and the Long Island Stock Exchange (NYSE). For reasons I will explain later on depositors of the converting bank get to purchase the stock at a significantly lower price than the price the stock will ultimately trade on the open market. Famed financier Peter Lynch was the previous manager of the Fidelity Magellan retirement fund. In a chat with Worth Magazine Peter Lynch called mutual savings bank stock conversions “The Investment Opportunity of a Lifetime”. Just think, one hundred years of banking profits just waiting for you! Your profits have been sitting their safe and sound in the bank.
Tags : chuck hughes, investment, market, stock
