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To: Voltaire who wrote (32017)9/6/2000 4:53:20 PM
From: lindelgs  Respond to of 35685
 
Vman - That is a keeper! Printing...



To: Voltaire who wrote (32017)9/6/2000 4:58:45 PM
From: SE  Read Replies (1) | Respond to of 35685
 
I opened a Roth IRA with $1,100 and am swing trading a mutual fund. Since I started the return is over 100 percent annualized. Now, chances are I don't continue to do that well, but if I do half that well....guess what that $1,100 will be in 15 years without any further additions?
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$1.7 Million (assuming monthly compounding)

$480,000+ (assuming annual compounding)

And I would be happy if it grew to half of that! :)

Gotta love a plan.

-SE


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