Several times AMBS's potential has been mentio
Post# of 30028
Several times AMBS's potential has been mentioned in the same breath as Amgen years ago and how an initial investment if left alone for several years, grew to a very nice account balance. It is possible that we have the next generation Amgen? Many here along with myself think the possibility IS real and the future looks awesome!!
No doubt AMBS investors have implemented investment strategies to maximize return and I have done something recently that you may want to consider for your family.
I opened a TDA custodial account for my gradnd-daughter that is called a UGMA/UTMA. This account uses my SS# but is in the name of the minor and they have no access or control until they become 18 or emancipated. When that occurs and they begin to use the account for college (or a new car or a wonderful vacation) their SS# comes into play and they pay any capital gains.
I used the funds to purchase shares of AMBS and if does what Amgen did, the value of the account can easily explode over the next 10 years. Nice way to invest in our young family's future, right??