What If You Only Make One Good Investment Your Entire Life?

Tonight, I’d like to introduce to you a figment of my imagination for the purposes of this article only, Luckless Larry. Larry is a no-talented investor who spent the 1980s investing $5,000 on January 1st of each year.

On January 1st, 1980, he bought $5,000 worth of Lehman Brothers stock.

On January 1st, 1981, he bought $5,000 worth of Washington Mutual stock.

On January 1st, 1982, he bought $5,000 worth of Worldcom stock.

On January 1st, 1983, he bought $5,000 worth of Johnson & Johnson stock.

On January 1st, 1984, he bought $5,000 worth of General Motors stock.

On January 1st, 1985, he bought $5,000 worth of Enron stock.

On January 1st, 1986, he bought $5,000 worth of Conseco stock.

On January 1st, 1987, he bought $5,000 worth of Chrysler stock.

On January … Read the rest of this article!