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To: Voltaire who wrote (29453)8/18/2000 10:31:10 AM
From: SE  Respond to of 35685
 
Going with 8%, no I don't know why I switched to 8%, but that is what I plugged in and taking out 30% for taxes at the end of each year and ASSUMING a full investment each month (ie...no cash, which we know is unreasonable as options are only for 100 share increments), the same $10,000 grows to $1 million in 76 months. So...let's say the part about being fully invested adds another 44 months to the equation and it takes a full 10 years, at 8% and after 30% for taxes (which might actually be low in the later years, so 10 years is probably reasonable).

Let's see....I am 36....hmmm...millionaire before 50. It is infinitely doable, isn't it?

You got $10K I can borrow?

LOL!

-SE