A multibagger is an investment that has gained several times its original value. Each "bag" represents your entire original investment. So if you invested $5,000 in a stock and your holding is now worth $10,000, you have a two-bagger. If it continues to appreciate and is eventually worth $35,000, it's a seven-bagger. At $50,000, of course, it's a 10-bagger.
The idea of a multibagger is thought to have started with Peter Lynch, who referred to "10-baggers" in his seminal investing book, One Up on Wall Street. The term stems from baseball, in which players rack up "bags" by running around the bases.
I am 61 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and retired @ 60 from full-time job as employee.
Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 2nd year uni in SUTD.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
Last updated: 3 Sep 2017
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