Quote:
Originally Posted by MTeator
If it was that simple everyone would be doing it. You could gain 20%, or lose 100%. If you've never had a loss, you just haven't been doing it long enough.
The right answer depends on the person and how they deal with risk.
If I could get a consistent 20% year after year I could retire right now... wouldn't that be nice.
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Yeah 20% year over year.. I'd be a client of Spacey's financial planning service
I've been averaging 6-8 over the past few years (yes, some losses in there as well, including GM stocks.. ouch...).
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-Dave
Track cars: 2013 Scion FRS, 1998 Acura Integra Type-R, 1993 Honda Civic Hatchback
DD: 2005 Acura TSX
Tow: 2022 F-450
Toys: 2001 Chevrolet Corvette Z06, 1993 Toyota MR2 Turbo, 1994 Toyota MR2 Turbo, 1991 Mitsubishi Galant VR-4
Parts: 2015 Subaru BRZ Limited, 2005 Acura TSX
Projects: 2013 Subaru BRZ Limited track car build
FS: 2004 GMC Sierra 2500 LT CCSB 8.1/Allison with 99k miles