It is magic of compounding. For someone with $30k he can turn it into $100mil in 20 years with a 50% return annually. But everyone wants to shoot for the moon which often has adverse results.
Not that is shooting from Earendel.Expecting 50% returns annually for 20 years isn't considered shooting for the moon?
The moment you forget that the end goal is lamborginis and naked hooes dancing on the tables of your fund HQ, it becomes boring.
The moment you forget that the end goal is lamborginis and naked hooes dancing on the tables of your fund HQ, it becomes boring.
Expecting 50% returns annually for 20 years isn't considered shooting for the moon?
I have had a time in my life where I only did trading. Never again. It was stupid, boring and not fulfilling for me. Since I made a switch and start doing other things, I even got better at trading. It is just something I do for an hour or so a day. Leaving the rest of the day enjoying other stuff.
You could also invest the time between trades for new approaches like PF building, daytrading if you swing trade and so on