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Five small cap stocks that could make you fabulously wealthy

About once every two years or so, I name the most promising small or micro-cap stocks that I know about. When doing so, I can hardly hide the fact that if you were to ride a stock from micro to colossus, you could have yourself better than a ten-bagger, but very possibly a 100 bagger, or even, should you find the next Walmart (WMT) or something, a 1,000 bagger. Of course, you would be out of your mind to put more than ten percent of your total portfolio into ideas this chancy, but if you follow a winner all the way up, things will work out OK even if you start small.

If you are in a position to gamble, the stock market is, and I’m not just saying this, the very best place on Earth to do so. It doesn’t offer free drinks, but hey, nowadays neither does Vegas. If you are unequipped, either financially or emotionally, for the possibility of loss, I’m going to ask that you stay out of this one, and instead, call your broker and tell him you want the Vanguard S&P ETF (VOO) with a ten percent upside and downside collar. He’ll know what that means, even if you don’t, and seriously, it is an extremely wise strategy to use in a late-stage bull market.

OK, here come the picks. Please treat these ideas as just that, ideas, and do your own research before making any investment decision.

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Julian Close

Julian Close became a stockbroker in 1995. In his 20 years of market experience, he has seen all market conditions and written about every aspect of investing. Julian has also written extensively on corporate best practices and even written reports for the United Nations. He graduated from Davidson College in 1993 and received a Master of Arts in Teaching from Mary Baldwin College in 2011. You can see closing trades for all Julian's long and short positions and track his long term performance via twitter: @JulianClose_MIC.