Curious as to people's thoughts on the following Q...

How does a return on investment of 5-10% sound to you for the year?
OR put another way, POT = 10% with the bank turning over x1 ?

This would be net of commission, tax etc

Attractive
Boring
Impossible
Easy
Madness

?

Cheers LG

__________________
The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB

Boring

Attractive.

Diversify all your investments in life

If talking about property/shares then - attractive

If talking the punt - no thanks

__________________
"Now let me get this straight - Whatever I do don't bet this horse?"

I would need a potential POT around 75% for the punt.

Term Dep is 5%+

The stock market, depending on your risk level is as dangerous as the punt. All the attractive yield stocks are now overbought. I'm in to one speccy, and have been for quite a while which is yielding 100% patience ..... CTP. BHP has always been good and I'd hope for 10% over the next year at these levels.

Ya need big money to be able to hold real estate as well as other investments.

If I had to put all my eggs into one basket I'd go for a couple of speccy's owning elephant country on the stock market and have a time frame of 5 to 10 years.

Easy (but boring)

Frankly if you can't make 5-10% of your punting bank in a 12 month time frame you really need to give it away.

__________________
Pixie

"It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash

And then take up what? - knitting?
I find the Form study , although time consuming , great amusement.
There is always the potential to be able to inprove your skills and to reach and surpass that 5%.

From the punt I am not that interested in the turnover figure but the higher the better. The goal for me is about bank size, money management and selection method. When all combined if you can achieve 20% to 30 % on your bank per year and compound this especially at level stakes while being very risk adverse by over capitalizing your bank would suit me fine.

If you can turn your money over once make 10% on turn over and win 20 points a year with a high strike rate on shorter horses -$5000 a bet after building you bank over a few years would be a nice earn also.

I take your point regards professionals.

The reality for most (95%?) of 'punters' however would be taking a LOT of 75-100% over time?


Cheers LG

__________________
The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB