The same people that make claims here used to stand on street corners, harassing the elderly and single women.
ET provides a service keeping them indoors.
ET provides a service keeping them indoors.
The same people that make claims here used to stand on street corners, harassing the elderly and single women.
ET provides a service keeping them indoors.
I'm actually surprised by the comments. Thought it would be much higher. In my IRAs, I re balance every 2 weeks (always in). I consider it pretty conservative. No leveraging. So, I'm not sure what category you would put it in. Personally, I see it as investing since I put very little thought into it except on rebalance days. Ten year average is above 30%. I'm pretty disappointed on the years it dips below that. Please note that my entire account is not in this strategy. So avg of my entire IRA is not quite that high. Tomorrow is a rebalance day, so I'll check.
Generally money at risk should net a minimum of 25% APY. (after labor costs...yes traders keep track of your hours). This is a job not a casino. A good return well...anything above 25% APY...but watch your risk...if your spreadsheet indicates you are on track...take the day off...unless your A SEASONED TRADER.
MB
leverage while going through the 2008 meltdown that would be very very good.
To say 25% compouded, you should make 10K to 70000*10K for 50 years by 1.25^50= 70064.92.
Can you or did you do that?
PS)If you say surely, then I can lend you cash for annual 12%, under forced sell.
The 50 year part is a little hard for a 58 year old man to verify. But I did place my first trade with Merrill Lynch at the age of 18 years old on my sharebuilder account then a few years later I got into GNMA accounts with Paine Webber. It wasn't until I came to ET nearly a decade ago that I started to shoot for 25% APY after reading some wise posts here. Earlier I involved myself in drawdown theories and opinions, but generally speaking money at risk should make a minimum of 25% APY...I stand by that. Maybe there are some aliases here that know my track record and can attest to my abilities. If not you will just need to accept that 25% APY (after labor and costs) on amount invested with a yearly reset is a necessary benchmark to shoot for. This is not easy and I have never stated it is easy. Trading is the hardest thing I have undertaken in my life.To say 25% compouded, you should make 10K to 70000*10K for 50 years by 1.25^50= 70064.92.
Can you or did you do that?
PS)If you say surely, then I can lend you cash for annual 12%, under forced sell.
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