Democratic Investments by the people for the people

“Free stock strategy”: one more Success with Taiwan Semiconductor (TSM) Stock March 11, 2024

I’m excited to share a recent success story in my investment journey, which highlights the power of strategic decision-making and patience. Back in November 2022, I made a bold move by investing in Taiwan Semiconductor Manufacturing Company (TSMC) stock, and today, I’m reaping the rewards.

On November 21, 2022, I purchased 18 shares of TSMC at $79.51 each, totaling an investment of $1,431.15. At the time, I saw immense potential in TSMC due to its dominant position in the semiconductor industry and promising growth prospects.

Fast forward to today, I made a strategic decision to sell 10 of my TSMC shares at $142.44 each, generating a total of $1,424.40. This move allowed me to cash out a significant portion of my initial investment while still retaining ownership of 8 TSMC shares.

But here’s where it gets even better. Throughout my holding period, I received dividends totaling $40, further bolstering my returns.

What’s truly remarkable is that with the proceeds from selling 10 shares and the dividends received, I have now fully recovered all my invested funds in TSMC stock. And to top it off, I still have 8 TSMC shares in my portfolio that are essentially free.

This achievement wouldn’t have been possible without my “free stocks” strategy, which involves strategically selling portions of my investments to recover initial capital while still maintaining exposure to potential future gains.

Investing in stocks, especially with a long-term perspective, requires patience, discipline, and a well-thought-out strategy. My success with TSMC stock serves as a testament to the effectiveness of this approach.

As I continue on my investment journey, I’m excited to explore further opportunities and strategies that will help me achieve my financial goals. And with TSMC continuing to innovate and excel in the semiconductor industry, I’m optimistic about the future growth potential of my remaining shares.

Remember, success in investing is not just about making the right decisions—it’s also about staying disciplined and adaptable in the face of market fluctuations. Here’s to more successes in the future!