($2,000 X 1.5) + $2,000 = A1
(A1 X 1.5) + $2,000 = A2
(A2 X 1.5) + $2,000 = A3
(A3 X 1.5) + $2,000 = A4
(A4 X 1.5) + $2,000 = A5
(A5 X 1.5) + $2,000 = A6
(A6 X 1.5) + $2,000 = A7
(A7 X 1.5) + $2,000 = A8
(A8 X 1.5) + $2,000 = A9
(A9 X 1.5) + $2,000 = A10....etc. through A20
Tell me Wolfdog, tell me Jay, that any of us could not find stocks, that sometime during each of the next 20 years, will grow 50%.
The answer (A20) to the series above is: $19,947,540.33
If you presume that an average American will earn about $2,000,000 in his/her 40-year career, or about an average $50,000 per year, then what is it that scares you, or thinks my sky is painted strangely?
There may be, probably will be, some years when the market tanks, but in the main, the movement is up. That the above is mathematically possible does not mean that each person who tries will accomplish it, but without a goal such as this, it'll just be dumb luck for it to happen. Have either of you read "The Gorilla Game" or checked out the "Gorilla and King Candidates" and "G&K Watch and Wait" thread portfolios here on SI? Might just change your thinking 180 degrees.
In the G&K Portfolio, 3 of the 19 have already grown the 50%, and in the W&W portfolio, 8 of 13 have done so.
Let's talk again in 20 years and compare notes. |
