
"I initially invested in Meta Platforms (then Facebook) over a decade ago after reading a compelling buy report from a Motley Fool service that compared Facebook's digital advertising potential to 's. At the time, shares had fallen considerably from their IPO level. The combination of price and ad-driven growth potential appeared so attractive that I bought long-term call options on the stock."
"That well-timed purchase turned out to be a life-changing investment. Shares of Facebook would go on to recover from their post-IPO dip. However, instead of cashing in on my call options, I exercised them at expiration. I kept half the shares and sold the other half to help put a down payment on the first home my wife and I bought together."
I own over 100 stocks, but a small handful produced the greatest impact on wealth growth. Meta Platforms provided life-changing returns after an initial investment made over a decade ago following a Motley Fool buy report. Shares had dropped from IPO levels, prompting the purchase of long-term call options. The calls were exercised at expiration; half the resulting shares were sold to fund a down payment. Home purchases and subsequent sales generated gains and equity. Meta is now the third-largest holding, the original stake appreciated over 3,000%, and no further sales of Meta shares are planned despite rare personal use.
Read at The Motley Fool
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