Date updated:12-30-2007
The purpose of this blog (portfolio) is to show the power of the financial markets, and in order to demonstrate this I'm going to turn $10,000 into $1,000,000 in 2 years or less using various financial instruments, but mostly options and stock. This formula should help show how this is going to be possible
Vn= 10,000(1 + .20)^26 Vn= 1,144,755
basically this means that if I can earn 20 percent each month in 26 months (2 years 2 months) I will have generated $1,144,755. So my goal each and every month is to generate at least a 20 percent gain.
I am somewhat of a hybrid investor but I rely mostly on technical analysis, and my favorite investment vechicle would be stock options.
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A. any forward growth guidance you get from
a company has to be taken with a grain
of salt. dubai was not news 2 days ago,
yesterday it clipped the s n p for 20
points. these are turbulent times and
all forward statements are a guess. 5
year ones are a joke. we've had a really
nice upternd for the last 8 months, that
may be coming to and end or at the very
least its probably gonna get choppy.
you're gonna have to be the judge of the
reliability of any future estimates and
any one stock can have multiple guesses
at theirs.
A. The only one I own : SLX,
too hard pick a winner out all of them
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