I assume that the max. is roughly 50k, which is not much considering how much work is involved.
2006-12-28 08:03:48 · 6 answers · asked by 120 IQ 4 in Business & Finance ➔ Investing
turned 3,500 to 13,500 in a year and a half
it was during that boom, luck really
then bought land, its like 100K now 6 years later I think
2006-12-28 08:06:34 · answer #1 · answered by kurticus1024 7 · 0⤊ 0⤋
max? How in the world would you max at 50k? Where do you get this from? Your assumption is a guess, obviously based on nothing.
The only thing that limits your nominal gain is the amount of money in the world.
If you're afraid of work, hire a fund manager and don't think about trading. Don't think about making much more than the equivalent of inflation, either.
2006-12-28 08:17:10 · answer #2 · answered by Lobster Dinosaur 3 · 0⤊ 0⤋
I use a system where I make up to 10% per month while trading 30 minutes per day while I eat my breakfast before I go to work. I say up to 10% because I average around 8%, but tend to max out at 10%. I trade with about 50K so I make about 4-5K per month trading. If I lived somewhere besides southern california, I could retire at 32. Not bad for 30 minutes per day. But I tend to think my real job as an industrial designer is more fun so I won't retire until later in life. It took me about 6 years to develop my system.
2006-12-28 08:30:26 · answer #3 · answered by Ryan W 2 · 0⤊ 0⤋
work? easy work when ya know what your doin! i have friends that make 100k a year working till noon daytrading. I'm not that great but i pay the bills with my trading.
2006-12-28 08:07:19 · answer #4 · answered by t b 2 · 0⤊ 0⤋
I made over $80K one year by day tradding....
2006-12-28 08:12:50 · answer #5 · answered by Anonymous · 0⤊ 0⤋
$0
I don't have the time, patience, or money to spare.
2006-12-28 08:11:17 · answer #6 · answered by Jill&Justin 5 · 0⤊ 0⤋