is 20 percent a year possible, page-26

  1. 40,084 Posts.
    lightbulb Created with Sketch. 448


    Bowerboy

    Could I plead with you not to punt your $50k on 1 to 2 speccies?

    Instead, spend a significant amount of time trawling for interesting, preferably changing business speccies that "make sense" and research the daylights out of them.

    There is no rush or no urgency and don't be despondant if you can't find one or more suitable targets within 6 months ... keep looking. To do less is to increase the odds of losing some or all of your nvestment money imo.

    When you find one, it'll hit you between the eyes ... enter any investment position you take with a view you could lose pretty much all your initial investment. To balance against that your own research should indicate to you a chance to get back 10 times or more on your initial investment. Ten to zero odds make it a worthwhile investment ... but take ownership of the decision in which companies to invest and for what reasons ... it should prove well worth your efforts.

    Good luck and enjoy the hunt.

    Dex
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.