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...
No comments:
Post a Comment