In October 2023, I made a strategic investment in Spotify Technology S.A. (SPOT), a company that has revolutionized how we consume music and podcasts worldwide. With its innovative platform and global reach, Spotify has become a dominant force in the streaming industry. Recognizing its potential, I decided to put my “free stock by double up” strategy to the test.

The Trade Breakdown

On October 23, 2023, I purchased 1 share of Spotify at $170.33, a well-calculated move aimed at leveraging Spotify’s growth potential. Fast forward to July 31, 2024, and Spotify’s share price had more than doubled. Seizing this opportunity, I sold 0.5 shares at $341.50 each, recouping my entire initial investment of $170.33.

Here’s how the numbers worked out:

• 10/23/2023: Bought 1 SPOT share @ $170.33
• 07/31/2024: Sold 0.5 SPOT shares @ $341.50 total $170.75

By selling just half a share, I successfully recovered my original investment, and with an extra $0.42 in profit. Even better, I still own 0.5 shares of Spotify—entirely free of cost.

The Long-Term Benefit

What’s remarkable about this strategy is that I now have 0.5 Spotify shares to hold indefinitely, with no further financial commitment. These shares are essentially “free”—purchased through strategic planning and timely execution. Given Spotify’s continued growth and innovation, this half-share could appreciate further, adding value to my portfolio without any additional investment.

The Power of the ‘Free Stock by Double Up’ Strategy

This experience reinforces the effectiveness of my “free stock by double up” strategy. By carefully selecting stocks with strong growth potential and timing my trades to recover my initial investment, I’ve been able to secure free shares in companies like Spotify. This approach not only minimizes risk but also allows me to build a portfolio of valuable assets at no additional cost.

If you’re looking to enhance your investment strategy, consider adopting a similar approach. With careful planning and strategic execution, you too can maximize your returns and potentially acquire free shares in some of the market’s most promising companies.

Investing wisely doesn’t always require large sums or high risks. Sometimes, all it takes is a calculated move and a bit of patience. Learn how to unlock the potential of your investments with a thoughtful and strategic approach, and start building a portfolio of free shares today.