Tuesday, January 2, 2007

Trade Your Way to a Million Dollars

Not a unique exercise, but fun, nonetheless...Start with $3000 of capital, earn 10% profit each transaction, reinvest accumulated capital.


Just 61 trades away from a million dollars? Sounds good. It's the beginning of the year...there's plenty of time. :-)

Of course, these calculations don't include commissions or losses from failed stock picks - just the mathematical possibility of a what-if scenario.

Ah...the beauty of compound interest...

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