Its the year 2055 30 years later You said the spx went up 7x and the nasdaq and whopping 20x Lets do some math..... Spx 6,000 x 7 = 42,000 Nasdaq 22,000 x 20 = 440,000 Are these figures doable in 30 years?? Are we going to see that same type of return??
If you gave anyone the opportunity to find a stock that would turn $1000 into $62,000,000 by the year 2078 most if not all would fail. Absolutely no way you will find that 1 stock... And if you did. Most would take their hundred thousand or 3 million in profits wellllllllllll before it's worth 62 million.
20% every year compounded truly grows. The challenge, now, for individual traders is to be able to generate more than 20% annually, much more. Who wants to wait a lifetime to get rich and old.
You spent all that time searching my posts? this is sad. All you have on me is supporting a candidate who wouldn’t sell Americas interests for some trademarks and getting an election call wrong. and then you add some homphobic slurs.
In the Art of the Deal (the greatest book on negotiation ever), Trump says that if the other guy works harder than you, they’ve lost.
Using the search box is a giant pain. We know. Good one. Ha. You two seem to share the same feckless brain.