7th September 2012, 08:52 PM
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Member
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Join Date: Mar 2012
Posts: 1,227
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Quote:
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Originally Posted by evajb001
LG, the original post sounds attractive to me. I work in Financial Planning, i'm 25 years old and had to watch as clients accounts stagnate or even in some cases go backwards over the last 3 and a half years since starting my job. Now compare that to starting with say $20,000 and your achieving 10% POT with turnover of 1x so basically your yielding 10%. Even just compounding that over 3 years you've now got $26,620 or made 33%. Find me anyone interested in wealth creation who would knock that back over 3 years, particularly the last 3 years.
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Top post mate, a refreshing does of reality in a virtual world crammed full of self-made legends! Doesn't smack of ego, just sharing part of your journey... a pleasant change to some of the heavy banter = hot air that gets puffed out in here on occasions (myself included, I would hazzard a guess lol)
Regards the 10% yield, past-present returns do not ever guarantee future performance (as you well know?). However, when I saw a simple solution to achieving such a result - it literally blew me over.
Hence my 'simple question' here, which was an attempt to gauge the value of such a discovery.
Your answer (from a different viewpoint) was possibly the best I could have asked for.
Much appreciated.
Cheers LG
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The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB
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