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Strategies & Market Trends : A@P, Can we trust him,

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To: Daniel Miller who wrote (324)6/28/1999 1:15:00 PM
From: pooh  Read Replies (1) of 381
 
Hi Daniel,

It's pretty easy to make 3 mils in a life time. Here's is a little direction, not how to get there, but just to show you how easily you can get there, and it doesn't take a life time, either.

You probably have 20K in your portfolio by now. Assuming that you would get about 30% return yearly (I'm a little conservative). If you can do that, you would have 3.8 Millions by the time you are 35 years old (20 more years).

You can get the same amount (3.8 Mil) in less than 13 years (you'll be 28 years old), if you get 50% return yearly. It would take a little more than 9 years to get there if you manage 75%/year consistently.

I wish I knew about stock trading when I was as young as you are now. I hope, however, that you will go to college despite of "having more money than God" by then. Good luck.

pooh
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