It's possible you could come out of it with more wealth than you ever imagined

If you want to get rich investing... if you want to make a fortune... you must learn this simple lesson...

In principle, this lesson is so easy, you could teach a monkey to do it. But in practice, almost nobody is able to do it.

And this is actually easy to do... It's not like trying to lose weight, where we know what to do, but it's hard to stick to it. But still, nobody is able do it.

I have a hard time with it myself, darn it... and this is my career! I've gotten much better at it over the years though.

What is "it"? What is the lesson?

The lesson is doing nothing...

You see... the big gains are in the big trades.

Your lifetime investing success is hiding in your big trades. If you sell early – if you never give a trade a chance to become a big trade – you'll never get rich investing.

Legendary speculator Jesse Livermore explained it best in the 1923 book Reminiscences of a Stock Operator:

After spending many years in Wall Street, and after making and losing millions of dollars, I want to tell you this: It was never my thinking that made the big money for me. It always was my sitting. Men who can both be right and sit tight are uncommon.

"Men who can be both right and sit tight are uncommon," Jesse Livermore reminds us. In True Wealth, I've done my best to be right AND sit tight.

Our script is still the same... Own stocks and own precious metals investments.

We are in the midst of the may turn out to be the greatest asset bubble (in stocks and gold) the world has ever known. That is worth staying on board for.

Don't get antsy. Don't feel the need to "stay busy." Don't trade away your winners too quickly.

Stick to the simple lesson. Be right, and sit tight!

Do nothing. For as long as you can. (And then longer.) It's possible you could come out of it with more wealth than you ever imagined.

But you've got to do nothing, for longer than you can bear it. You've got to do the tough part... and stick with the easy lesson.