My Plan to Make $1 Million on MyLot

@porwest (78759)
United States
August 17, 2022 7:29pm CST
So, if my math is correct, all I have to do is make $5 a month on myLot. With that I can buy 1.65 shares of Rivian. And then just wait. The current value of 1.65 shares of Rivian is $60. The stock only needs to get to $606,060.61 to get there. I think this is a very reasonable thing to get to honestly. Don't you think? I mean, is this a plan or is this a plan? Considering that a $1,000 investment into Tesla 10 years ago would be worth $145,000 today, I think I am on to something here. Clearly Rivian is way better than Tesla. Do you think I will meet my goal here?
15 people like this
15 responses
OceanTiara
@RebeccasFarm (86950)
• United States
18 Aug 22
You can do it.
2 people like this
OceanTiara
@RebeccasFarm (86950)
• United States
18 Aug 22
@porwest One does never know that is correct
1 person likes this
Jim Bauer
@porwest (78759)
• United States
18 Aug 22
This one is a bit lofty...but stranger things have happened. One never knows. lol
1 person likes this
Jim Bauer
@porwest (78759)
• United States
18 Aug 22
@RebeccasFarm If I pull this one off I expect to be asked to appear on CNBC or something. lol
1 person likes this
Ruby Hawk
@RubyHawk (99423)
• Atlanta, Georgia
18 Aug 22
I don’t think so but try it, you never know with stocks and you might get lucky.
1 person likes this
Ruby Hawk
@RubyHawk (99423)
• Atlanta, Georgia
18 Aug 22
@porwest You not gonna get it here.
1 person likes this
Jim Bauer
@porwest (78759)
• United States
19 Aug 22
@RubyHawk Probably not. I asked for 6 numbers once here and admin deleted my post. I laughed at that one thinking, "The admin ACTUALLY THINKS I am going to win the big one from the numbers the members offer me."
1 person likes this
Jim Bauer
@porwest (78759)
• United States
18 Aug 22
Even though my stance when it comes to investing is that luck is not involved. In this case I would need a crap ton of it. lol
1 person likes this
Four Walls
@FourWalls (62619)
• United States
18 Aug 22
Between you and Pony’s Lamborghini…. I paid my car off today, at least. Saved a couple hundred bucks.
1 person likes this
Jim Bauer
@porwest (78759)
• United States
18 Aug 22
Did he finally get that thing? lol
1 person likes this
Four Walls
@FourWalls (62619)
• United States
18 Aug 22
@porwest — he has it ready for delivery on June 31st, 2231.
1 person likes this
Jim Bauer
@porwest (78759)
• United States
18 Aug 22
@FourWalls Ah. Yes. I do recall that date. lol
1 person likes this
DE
@DaddyEvil (137142)
• United States
18 Aug 22
I'm sure your math is correct... Whether your stock can do what you want may be another thing, though. Good luck!
1 person likes this
DE
@DaddyEvil (137142)
• United States
18 Aug 22
@porwest Wait! You've already lost faith before even putting the plan into action?
1 person likes this
Jim Bauer
@porwest (78759)
• United States
18 Aug 22
lol. It's fun to just play around a bit. Of course there is no chance this happens.
1 person likes this
Jim Bauer
@porwest (78759)
• United States
18 Aug 22
@DaddyEvil Well, I mean, come on...it was a pretty lofty plan. lol
1 person likes this
Nocturnal Writer
@Nakitakona (56302)
• Philippines
20 Aug 22
Why not though it takes time? Why not try it?
1 person likes this
Jim Bauer
@porwest (78759)
• United States
21 Aug 22
I mean, I will try anything if it can make me some money. But of course this post and this idea was completely tongue in cheek. lol
1 person likes this
Nocturnal Writer
@Nakitakona (56302)
• Philippines
21 Aug 22
@porwest Hhmm. I know.
1 person likes this
M Cheung
@Beestring (13443)
• Hong Kong
18 Aug 22
Your calculation is correct. If you presumption of the stock price of Rivian is correct, you can achieve your goal. Good luck.
1 person likes this
Jim Bauer
@porwest (78759)
• United States
18 Aug 22
Fingers crossed I get this one right.
1 person likes this
M Cheung
@Beestring (13443)
• Hong Kong
18 Aug 22
@porwest Good luck!
1 person likes this
Jim Bauer
@porwest (78759)
• United States
18 Aug 22
@Beestring Trust me, on this one, I am going to need all the luck I can get. lol
1 person likes this
rsa101
@rsa101 (37969)
• Philippines
18 Aug 22
Might be possible but you need lots of 5$ payment and lots of discipline to invest it to that share every time you hit the payout. If that is possible then maybe you can achieve your goals in time. Goodluck on that!
1 person likes this
Jim Bauer
@porwest (78759)
• United States
18 Aug 22
I will need TONS of luck on this one. Hopefully you caught that the entire post was written entirely tongue in cheek.
1 person likes this
May2k8
@May2k8 (18108)
• Indonesia
18 Aug 22
If you can set it aside every month maybe the calculation is very precise.
1 person likes this
Jim Bauer
@porwest (78759)
• United States
18 Aug 22
This is where even I wave my own arms in the air at myself and shout, "Good luck." lol
1 person likes this
Bojel
@jobelbojel (34730)
• Philippines
18 Aug 22
This is a plan, sounds like a good plan actually.
1 person likes this
Jim Bauer
@porwest (78759)
• United States
18 Aug 22
If I pull this one off I need to be asked to appear on a business show or something. lol
solxee
@sol_cee (38222)
• Philippines
18 Aug 22
A plan is better than no plan
1 person likes this
Jim Bauer
@porwest (78759)
• United States
19 Aug 22
A plan is always better. Yes. Although this post was entirely tongue in cheek.
PsalmOneCares
@everwonderwhy (6697)
•
20 Aug 22
You got this. You can do it! @porwest
LindaOH
@LindaOHio (158058)
• United States
18 Aug 22
I think you're delusional. Just kidding. Knowing you, it just might work!
1 person likes this
LindaOH
@LindaOHio (158058)
• United States
18 Aug 22
@porwest Of course. With you, however, one never knows! lololol
1 person likes this
Jim Bauer
@porwest (78759)
• United States
18 Aug 22
Of course, you did catch that this post was entirely tongue in cheek, right? lol
1 person likes this
didik wijanarko
@Babale (1869)
• Semarang, Indonesia
22 Aug 22
That's a great idea my friend. I wish you success.
Ravi Raj
@Ravi6300 (106)
•
22 Aug 22
i understand everything but 3rd and 4th. Can you bother to explain?
1 person likes this
Jim Bauer
@porwest (78759)
• United States
23 Aug 22
Just a part of a joke. lol. No way the stock would ever go to the amount I mentioned to get me to that $1 million.
Luis Asuncion
@luisga814 (6913)
• Quezon City, Philippines
18 Aug 22
Wow. Nice calculation and presumption. Good luck.