It seems unlikely, but a well-timed investment of just $1,000 can make anyone a millionaire. Certainly not every investment will turn to gold, but for investors seeking opportunities in initial public offerings (IPOs), such as Nvidia and Apple, some have turned that relatively small investment into millions over the years.
Not every IPO is successful. Only 46% of U.S.-based IPOs manage positive first-day returns, according to Ernst & Young. Investing in stocks is already risky, but investing in IPOs carries additional risk.
