This week's surge pushed my Netflix (NASDAQ: NFLX ) stock investment over an awesome milestone: the return passed 1,100%.
Or, to put it in Foolish lingo, "After Thursday's spiffy-pop, Netflix is a 12-bagger for me."
Sure, it's only a paper gain since I haven't sold any shares. And it
could drop right back down in a few trading days. Still, the jump got me
thinking about what went into this super return. So here are five
things I learned through investing in this stock.
1. Think really long termBy the IRS'
definition, long-term investing requires holding a stock "more than a
year before you dispose of it." In my case it has been nearly seven
years (and counting) with Netflix, and no disposing whatsoever. (more)
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