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I grew up in Canada, playing outside a lot.

My favorite game was Jackpot.

Someone throws a ball, announces points, and we'd try to catch it for those points. Reach the target score, and you're next to throw.

You could say "alive," or "dead or alive." For "alive," catch it before it hits the ground. For "dead or alive," you could grab it after it falls and even wrestle for it.

We often played to 1,000 points. A throw might be "500, dead or alive!" Win a few times, and you get to throw.

Yell "Jackpot," and you throw no matter what.

We learned quick that catching a Jackpot throw trumped them all, and players would sometimes barely try until they heard the valuable “Jackpot!”.

From childhood, it’s been embedded in us that a big win is a fast track to success - who wants to catch 3-4 throws when you could catch just 1?

Well it turns out, life is pretty similar when we’re talking about accumulating wealth.

Capital Events: Your Financial ‘Jackpot’

Just like the game Jackpot, real-world wealth often comes from what I like to call Capital Events.

This isn’t when your boss pulls you in and says you’re getting a raise of $10k/yr for all your hard work.

These are significant financial events that change your life seemingly overnight.

These events aren’t a lottery win, or a big hit at the casino - these are events that occur because you make the right choices and had the foresight to keep going.

I’m talking about things like:

1. Selling a Business: You've poured your heart and soul into building a company. It might not have paid off immediately, but when that cheque comes in, your life changes.

2. Real Estate: Ask anybody that bought their house in Vancouver in the 80’s what they think about wealth through real estate. It happens, a lot. 90% of all millionaires made their money in real estate.

3. Investments: Whether it's stocks, bonds, or crypto, investing can yield exponential returns - but it’s a lot of luck.

4. Inheritance: You may not work for this, but it can still be life-changing.

But slow & steady wins the race, right?

Wrong.

Well it depends, what race are you in?

Are you hoping to find a nice home to make your own and raise a family, take a vacation once a year and live simple? Then yes, you can invest a couple hundred $/month in an ETF and ride off into the sunset.

A fine life and respectable.

But there is another race going on.

The race to a larger & nicer home, a few vehicles, an investment account that pays your bills, a vacation home and the ability to do what you want because you have enough money to say “fuck you”. 

But this doesn’t happen by asking your boss for a raise every year.

If you make an extra $1,000/month, does it really change your life? No. Sure you can start to save more or go out to eat more - but your stuck.

A wealthy person will do everything they can to increase the chances of a Capital Event.

Given the choice, a wealthy person will take equity over cash.

A wealthy person will choose to build something themselves rather than for someone else, and will make sacrifices to do so.

So how do you increase the odds of a ‘Capital Event’?

It’s simple.

Invest early, create things or help others create things, try new stuff, meet people, choose equity, sacrifice ‘the now’ sometimes, be likeable (big one), talk online, be useful and most importantly, work your ass off. 

Life’s a game of chance - but you can shift the odds in your favor.

👋 Colton, Stock Monster.

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This newsletter is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any investment decisions. We have not been compensated in any way for this pick or content; we genuinely just like it. Assume that contributors to articles own or have interest in stocks they talk about, therefore may be bias.