Every year, the journal Popular Science releases a special list… It’s a list of the 100 greatest innovations of the year—from bionic arms and pain-free dentistry, to life-saving remedies that could change our world.
Last Thursday, a tech start-up called Square (NYSE: SQ) went public. For investors who got in early, when the company was still young and private, champagne corks should have been flying— After all, Square’s IPO gave the company a value of nearly $3 billion.
For more than a quarter of a century, General Mills (NYSE: GIS) has been a winning trade: If you’d invested $10,000 into the company in 1990 and reinvested the dividends, today you’d be sitting on $217,146. That’s roughly twice what the overall market returned.
Is there a certain subject where you’re an expert? For example, do friends and family come to you for advice about the stock market, or buying a car, or stereo equipment?
The story no one is telling about this historic announcement... On October 30th, the SEC voted to legalize “equity crowdfunding.” For the first time in 83 years, all investors—regardless of income or net worth—will now be able to invest in high-potential start-up companies.