Frager Factor

Thursday, September 06, 2018

Update: The Domain Gravy Train Has Passed. Time For A Better Idea.

Money Talks. Bullshit Walks.

One August 24th I wrote about finding an easier way to make money. And right now there is a better alternative: a once in a lifetime opportunity to get in on the ground floor of and industry that will be bigger than Pharma or Clothing: Pot.

I wrote:

A couple of days ago I reminded you about Canopy Growth Corporation. 

Canopy is a Canadian marijuana conglomerate that has grown by acquisition and has cornered the market. Marijuama is legal in Canada. Unlike investing in a US company where regulators make it risky, this stock is perfectly safe.

There is still time to get in one this now and turn a $1000 into a million if you have the patience to take a 5-10 year nap. 

The market is a no-brainer. We're not just talking stoners here, we're talking cures for diseases for which there was no hope before. Consider that one big pharma brand generates $70 billion year from a single pill.

We first recommended this here when it was $6 a share just about a year ago. Then we covered it again last December at $19 when Corona opted in

On this day about a week ago it was $40. I bought more and suggested you do as well.

Today its t $52 and analysts are forecasting growth to $74.

According to reporting by StreetInsider, Azer believes an "ability to establish an early lead in the adult use cannabis market, as well as domestic and international medical cannabis markets" justifies the increase in her target price.

Making $12 a share in a week- on just 100 shares- gives you a $1200 profit on a $5200 investment.

There's no doubt this will take time to catch on, like Amazon who needed first the infrastructure, technology and supply chain, but didn't move the market until customers came along. The iPhone helped. 

Had the average Joe decided to save $5,000 and spend it on Amazon’s stock when it first hit the public markets 20 years ago, they be worth at least $2.4 million today.

So imagine an alternate reality in which Warren Buffett, the Oracle of Omaha, decided to take the leap and invest in Amazon in its early days. In that world, Buffett decided to put say $50 million in company on Thursday, May 15, 1997 — the day Amazon it debuted on the Nasdaq. Today, that same stake would be worth $24.4 billion as the company’s shares have grown some 488 times.

You can't do this any more with domains. And there's only a few stocks in a lifetime that ever afford an opportunity like this at all.

There may never be another chance in your lifetime to REALLY accumulate the wealth that domains failed to deliver.

So get cracking!

About The Author: Owen Frager is an Internet marketing expert ready to help take your company to the next level.

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