Al Brooks Net Worth

M.W. said:
So, then you know he divorced at least once (must have not been cheap to rejuvenate the wife by dumping the old hag and getting some fresh blood in) . Nor has there been a single penny that has been proven to be derived as pnl by him. Not sure what I misstated then. Trust whoever floats your boat. But don't go all salty on others just because they don't buy into your hype.

You supporting charlatans like this guy is the greatest disservice you could EVER perform toward newcomers. Your opinion of him is even less substantiated than my proven claims. Where is your support of him being successful in his trading approach? Would love to see it.
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Hello M.W.,

Do you believe that only proven qualified profitable traders with a track record open to the public should sell trading courses?

Thank you,
 
In trading, profit of 1 million a year requires only 4167 per trading day.
There's roughly 240 trading days a year, not including weekends, holidays, vacation and PTO.
Allow for some losing days and days that fall short... 60 trading days (that's 3 months of trading days) seems arbitrarily reasonable to me.
Now there are 180 trading days... 5555 per day is needed to attain 1 million in profits a year. Scale from there.

Assuming the entire per day profits are not required for taxes and day to day living expenses, other assets can be purchased. Those other assets are also part of net worth. Add in some related, or unrelated "ventures" into the income mix and imo, over the course of a life, mega-wealth is possible.

I don't know the accuracy of figures being bandied about for Al Brooks, nor do I care.

Here's a source that says Dave Ramsey has a net worth of 280 million, and even lists his cars!
https://www.caclubindia.com/wealth/dave-ramsey-net-worth/
Like Al Brooks, I don't know the accuracy, nor do I care. For a kicker, I don't even agree with most of Ramsey non-debt advise!

And here's a bonus link... The Centi-Millionaire Report 2023. It came out just last month.
https://www.henleyglobal.com/publications/centi-millionaire-report-2023
Don't worry, it's free... the chump group of paying clients offsets the data, production, and distribution costs of the report.
 
Darc said:
He might be a Charlatan, but he still seems to have an indepth knowledge of TA. He did self teach himself for 20 years before writing the first Book, after finding all the other TA courses in the late 80s unhelpful.

That self teaching, his high I.Q. (I assume) and his Medical backgroiund might account for his difficult to read writings.
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the smartest people talk plainly.
 
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