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To: uthabros who wrote (73930)6/14/2000 11:12:00 PM
From: 16yearcycle  Read Replies (1) | Respond to of 152472
 
Compounding interest escapes most people so they fall for the lies and bullshit. At 100% per year, you go from $5000 to $50,000,000 in about 10 years. I know someone who has done this but I doubt there are many, and it is almost impossible to do it trading. There are only so many great ideas in the world.

Remember too I used 180% and some of these folks are claiming 400%. Can you imagine?

If you started with $10,000, you'd have $8.7 TRILLION in 20 years at 180% per year(the 300% after tax amount)