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Liquid Millionaire - isaco

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Stephen Sutherland<br />

• Undeterred due to my conviction that something big was about<br />

to happen, I moved to Plan B which was to raise cash by equity<br />

releasing money from our home.<br />

• Because of my absolute certainty and belief in my abilities, I<br />

decided to bet the ranch. Th is was also based on my concrete<br />

belief that we had just entered a brand new bull market. After<br />

all, highly successful stock investor and philanthropist George<br />

Soros did once say: “If your investment is going well, follow your<br />

instincts and go with all you’ve got.”<br />

• Th e money I was using to trade with belonged to a joint account.<br />

And so I had to convince my brother Paul that it would be a<br />

sound idea to release close to quarter of a million pounds from<br />

our home. Paul backed me all the way.<br />

• In May 2003, I took the money from the equity release and wired<br />

it to my trading account. Th is amounted to $416,472.90.<br />

• I was right about my prediction that a new bull market had<br />

begun. 41 My decision to raise the money and get it into the<br />

market started to pay off .<br />

• Early on in the bull run, I latched onto three beauties which I<br />

later named “ Th e Th ree Amigos.” Th ey were three white hot<br />

Chinese internet stocks with stock ticker symbols SINA, NTES<br />

and SOHU.<br />

• My formula for picking the best stocks was right on the money.<br />

Th ese 3 companies turned out to be probably the 3 biggest<br />

winning stocks of the 2003-2007 bull market. SINA made a<br />

gain of 4753% in 27 months, 42 SOHU jumped 8246% in 27<br />

months 43 and NTES surged 13746%, again over a 27 month<br />

period. 44<br />

• By investing heavily into these stocks and using leverage from<br />

Ameritrade and day trading buying power (even more leverage),<br />

it helped me to control over $2 million worth of stock.<br />

10

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