This Investing Strategy Beats "Get Rich Quick" Any Day

·5-min read
This Investing Strategy Beats "Get Rich Quick" Any Day

Get-rich-quick schemes are usually built around the idea that you have to take a big risk to earn a big reward. Let's say you spent $50,000 to buy 5,555 shares of AMC (NYSE: AMC) on May 5 at $9 per share. Then, you decided to sell on June 1 when share prices hit $62.55, and pocketed your nearly $300,000 in profits.

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