Making lots of money may be as near to you as your local bank. Yes, your local bank could have unemployed wealth just sitting there waiting for you to harvest. I would like to share with you one of my most successful methods of earning profits. This little known investment plan is extremely simple, yet so effective. It is as simple as going to a bank and opening up a savings or checking account. It's the epitome of simplicity, yet its potential is never-ending! Does this sound too good to be true? This is true and I would like to tell you this is the real deal!
This straightforward yet effective method of making profits is investing in bank stocks. Not just any bank stock, but banks that are converting from non-public possession to public ownership. There's real wealth available here! Real profits that are just sitting there waiting for me and you! What more could a stockholder want? This investment opportunity is simple, low risk and has the capability to be really worthwhile. I've been investing in these bank stock conversions since 1993 and I have never been unprofitable with this investment opportunity.
The better part is you can begin with as little as fifty greenbacks! Yes, only 1 50 dollar bill will set this ship sailing! This is what I consider an investment opportunity of a life time!
I need to tell you there is not any more delightful way to earn income. My wife and youngsters and I really turn this business move into a series of little mini holidays. We have seen a lot of the country and had a great time doing it!
We have made numerous journeys to open bank accounts at personal banks and at the same time have enjoyed the fall in New England, lobsters on the Cape, shopping on Chicago’s Magnificent Mile and great sailing on the Chesapeake. For folks who like to travel it's a great business but for those of you who want to stay home and earn there also are lots of opportunities! There are banks all across the land that will open an account for you through mail. Either way, you can come out a winner!
Let me give you a quick explanation of this business and I am going to go into more detail all though this Chapter. When a bank converts from non-public ownership to public ownership, the bank sells stock. The bank offers folks who have accounts with their bank first concern on buying stock before the bank goes public. The stock is offered to the account owners at a very agreeable price. Once the bank goes public, the stock regularly powers in price, giving the account owners who were sensible enough to buy the stock a very valuable asset.
I made as much as a $304,200 profit in twenty four hours purchasing private bank stock on the conversion date. I'm hoping I have gotten your attention. Let me explain to you
more.
“The Investment Opportunity of a Lifetime”
Peter Lynch (Worth Magazine)
I have been investing in private , jointly owned savings banks that convert from private ownership to stock ownership since 1993. There are currently over 700 mutual savings banks in the U.S. That are mutually owned by the depositors very similar to a farmer’s co-op that is owned by farmers.
Many mutual savings banks have been operating profitably for 100 years or more. These banks are not in public owned and have no stockholders. Any profits they make are accumulated over time and are mutually owned by the depositors. The depositors can't access this accumulated profit also known as ‘net worth ‘ or ‘equity ‘ unless the bank converts to stock ownership in what is commonly known as a Stock Conversion or Initial Public Offering (IPO).
In the stock conversion the bank ‘goes public ‘ and stock is sold to the depositors of the bank in a Subscription Offering. Thereafter shares of the bank are traded on one of the major stock exchanges. The vast majority of banks that convert to stock ownership trade as microcap stocks.
Lots of mutual savings bank stocks trade on the NDX stock market and the New York Stock Exchange (NYSE). For reasons I am going to explain later on depositors of the changing bank get to buy the stock at a much lower price than the price the stock will ultimately trade on the open market. Feted investor Peter Lynch was the former chief of the Fidelity Magellan fund. In a chat with Worth Mag Peter Lynch called mutual savings bank stock conversions “The Investment Opportunity of a Lifetime”. Just think, one hundred years of banking profits just waiting for you! Your profits have been sitting their safe in the bank.