Goal in 2015: $92k to $150k

jk90029 said:
If one can say 30% for 30 years, he should make
1.3^30 = 2619.996 times.


40% for 25 years, he should make
1.4^25 = 4499.88 = 4500 times.

To compare those performances equally, let the length of investment be 50 years (from 30 to 80).

For 20%, 1.2^50 = 9100.438 (100K becomes 910M)
For 30%, 1.3^50 = 497929.2 (100K becomes 49792M)
For 40%, 1.4^50 = 20248916 (100K becomes 2024891M) which is bigger than small country's wealth

Note that stock market kept open for 400 years from Netherland. If there WAS any one with 20% outperformance trading logic, then he has all the wealth on earth NOW. Even Buffet and Gates should be broke now.

Therefore, I am sure no one HAD 20% logic for 400 years.
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What about 15% return?
 
It has been almost 6 years since I stopped posting but I didn't stop trading (although I had to work full time to cover the living expenses). At the end, I think I made a good decision not giving up:
 

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universaller said:
It has been almost 6 years since I stopped posting but I didn't stop trading (although I had to work full time to cover the living expenses). At the end, I think I made a good decision not giving up:
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That is totally excellent. Glad you never gave up. I am on the same path. Never surrender. Grrr! hehe

Gratz!
 
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