Quote from Took2Summit:
I have 2 trades I made about 2 years ago that has made me roughly 8x my money. My account never fluctuated on the downside more then 1% a day. I would like to discuss these 2 trades in a PM with someone with tons of knowledge on the markets etc.
Thank you and looking forward to PMs
Quote from bwolinsky:
700%, not 800%, many people get this wrong.
I can bet getting 20:1 leverage on a 5% fixed income investment like an annuity loaned at a stupidly low libor 3 month rolled over plus 1 can yield on $1 makes $1 or a 100% return in the first year reinvested at 20:1 again the $2 leveraged after two years at 5% gets a $2 return. Your return is then 3/1-1=200%, but without leverage this still doesn't get to the 700% mark. Fascinating, most likely a derivative.
Incidentally, this is identical to what Lehman Brothers and Bear Stearns felt about sub-prime mortgages except in this situation the yield was rated AAA supposedly risk free at 7%, which, in our $1 20:1 leveraged means in the first year you earn $1.4 or 140% ROE and then with the $2.4 you at 20:1 you earn $3.36 for a total return of (1.4+3.36)/1-1=4.76-1=376% NP after two years. Unfortunately this still doesn't get to 700% either but a lot of investors thought it could keep going that way.
There are many possibilities to get to 700% np, but ones drawing down 1% I don't think many can find. 20:1 on a fixed indexed annuity with guarantees of principal I've always wanted to find a company who'll lend infinitely on this. Your only risk is paying the loan payments and keeping the growth at the end of the tunnel.
Quote from piezoe:
So you're still trying to push penny stocks?
The problem for you would be scam artists, is that you are too transparent. Did you notice how quickly the real traders here caught on. I could teach you a thing or two about successful scamming, if you are serious about learning. The first lesson: You have to appear to be legitimate. Study Bernie Madoff, for example.
Quote from tradingjournals:
Did you read that book? I cannot recall the author's name, but I recall the ideas in that book.
Quote from Took2Summit:
I'm getting 20:1 leverage because the position is nearly cash neutral. So now you have to ask yourself what investment vehicleS (it's 2 vehicles working together, not 1 working independent of the other) can get 40% in 5 years with no more then 1% correction.
[/QUOTE
I know the answer. It's called a ponzi scam.
Quote from Took2Summit:
I'm getting 20:1 leverage because the position is nearly cash neutral. So now you have to ask yourself what investment vehicleS (it's 2 vehicles working together, not 1 working independent of the other) can get 40% in 5 years with no more then 1% correction.
I'm not trying to play games, but like I said I received the help I was looking for and am no longer looking for anything more on this matter, I will post more in the future with new ideas and thoughts.
Thanks.