You may have heard someone tell you that the best investors are lazy.
It’s true. Yet that’s often misunderstood.
I’ve profited from being a “lazy” investor myself. But that’s because I figured out the real secret to “lazy” investing.
And today, I’ll explain how it’s helped me build a fortune…
The Real Idea Behind “Lazy” Investing
In early 2009, I realized that the U.S. housing bust would create a generation of renters.
So I spent weeks looking into the housing market, studying patterns, and researching what was going on.
I raised money and bought a large portfolio of single-family rental houses at rock-bottom prices… as low as 10 cents on the dollar.
Then, I got “lazy,” and waited for the gains to come.
Eleven years later, I’m still collecting income from those houses – yielding around 20% per year.
But over the past two years, I’ve helped investors with this “lazy” strategy, too. I’ve spent many late nights and taken long field trips to research various ideas.
And the investors who followed my advice are already seeing the results – with three triple-digit winners right now… including one that’s soared 784%.
What’s the secret to these big wins? Let me explain…
Saying “Yes” to Opportunity
As far back in life as my first memory, I wanted to know how things worked. I had to try everything for myself. I didn’t want to read books about how things worked – I wanted to meet experts who would show me in person.
When I got into the stock market at age 20, my curiosity found a home. I spent the next decade buying and selling anything that I felt I had an edge in.
But more importantly, I said “yes” thousands of times to new opportunities…
I took thousands of shots, went to annual meetings, and listened to earnings calls. I waited in line to shake hands with company executives just to see if they had firm grips and solid eye contact.
A good example was during the 2002 recession.
In the wake of the tech bust and the 9/11 tragedy, the U.S. economy ground to a halt.
The Federal Reserve stepped in to do something unprecedented (which seems normal today)… It lowered interest rates and pumped money into the stalled U.S. economy.
I needed to know what this would do to stocks. I knew some sectors would thrive, but I had to figure out which ones, specifically…
Doing the Legwork
You see, I don’t just go to a textbook for the answer to something like this. I wear out my phone (it was a landline back then), get on a plane, and go. I keep asking questions until I get the pieces of the puzzle needed to make a decision.
In this case, I figured out that lower borrowing rates would boost the construction and development business. I needed to buy steel, wood, and concrete providers in key states likely to see big growth.
I found newly listed Rinker Materials. The Australian company made a play in the U.S. market, buying up concrete providers in Florida and Nevada. Both of these markets see quick growth when money starts flowing.
I needed to know how the concrete business worked – and fast. I drove to Bushnell, Florida, and showed up at the Rinker office. I told the manager I was a shareholder and wanted to see how the place worked…
Me sitting in the driver’s seat of a Rinker truck
He told me, “We’re sold out for the rest of the year.” He said business was so good recently, they couldn’t take on any more scheduled work until the following year.
That was enough for me. I paid $22.82 for Rinker shares in early 2004. Then, I got “lazy” – and sat on them for three years.
This is what I mean by “lazy” investing. You want to do the legwork before you buy the stock… not after.
If you act lazy before you buy a stock, you’re probably going to put your money into riskier plays. You’ll end up doing more work trying to salvage your portfolio when things go south.
Instead, you want to find stocks you can buy and hold through any short-term volatility – and sit back and relax as they take off…
Bringing It All Together
I eventually sold Rinker for $79.25 a share – a 247% profit. Concrete giant Cemex bought the company that same year. And I ended up with a great yield, too… nearly 15% on my buy price.
Over time, I had winners and losers. I bought into great stories. Some worked out, others didn’t. But I was never afraid to learn about and invest in something new. In fact, I sought it out.
I refused to be “lazy” until after I made up my mind and bought the stock.
Again, this isn’t luck. It comes down to experience and having discipline. I’m constantly talking to people, traveling, attending shareholder meetings, and doing boots-on-the-ground research.
It’s how my readers are sitting on gains of 101%… 173%… and 784%.
Today, something else is on the horizon. And every smart investor who wants these types of gains needs to have it on their radar.
They’re called “Omega Shares.” Yet 99% of Americans have no idea they exist. They’re not stocks, bonds, options, or cryptos. But I’ve used them to make a fortune multiple times…
And now, I’m ready to help you do the same. In fact, I’m betting you can walk away with an extra $121,000 in a single year if you follow my strategy.
I’ll share all the details in my Explosive Profits Summit on Wednesday, February 5 at 8 p.m. ET.
In fact, I’ll be giving away a free “Omega Share” recommendation. To get in on it, all you have to do is sign up here to reserve your spot today.
Editor, Strategic Trader