Pro-Tip to make a 40% annualized return.

On December 15, WebMD will buy up to 99 shares of their stock from you at a price of $55.00.

The current price of WebMD stock is $53.79.

If you buy at $53.79 and sell at $55.00 that’s a 2.2% in 28 days (40% per year).

Here’s how it works:

1. Buy up to 99 Shares of WebMD. Don’t buy more than 99 shares.

2. After your trade has closed (in 2-3 days), tender your shares by calling your broker. Tell them to tender your WebMD stock.

3. Next, tell your broker to check the “Odd-Lot” box.

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45 years ago my dad left everything in India to move to the U.S.

Legend has it that when my dad landed at JFK International Airport, an immigration agent asked “Hey kid - where are you headed?” To which my dad replied “Michigan!” “How much money do you have?” asked the man. “Oh, about 8 dollars,” my dad said proudly. The immigration agent called his friend over. “Hey Chuckie, this kid has $8 and he’s gonna find his way to Michigan!” They laughed. My dad was perplexed and felt a twinge of doubt. How was he going to get to Michigan? More importantly, how was he going to make it in America?

Well, he made it. And your parents did too. When I think about what it takes to start from nothing, I think about my dad.

Starting a company is hard – he did that successfully.
Starting your life - that’s on a completely different level.

I wish I could give my dad, and your parents, medals. They are...

“Son, come here”, my dad said. “I want you to read this.” He handed me a neatly folded copy of the Wall Street Journal. I was 10. All I saw was fine print and funny looking faces. “Why?” I asked. “Read the cover of this newspaper everyday. It will help you understand what’s going on in the world.” “I guess…” I said, as I took the WSJ in my hands for the first time.

At first, I would fake the read to avoid getting in trouble. I was, after all, 10. But eventually I started to enjoy it and found myself getting interested all on my own. This turned into reading my dad’s investment newsletters and gradually learning about the stock market. On the weekends, my dad would explain to me what stocks he bought and why. His successes were sprinkled with failures but there was a story behind every investment. I remember asking him, “why did you invest here?” - his response wasn’t earth shattering...