Welcome to
On Feet Nation
Khalid Shaikh Online
smithmorgan Online
goditac499 Online
jack452 Online
Posted by Khalid Shaikh on September 20, 2024 at 11:27am 0 Comments 0 Likes
Posted by smithmorgan on September 20, 2024 at 11:27am 0 Comments 0 Likes
Posted by smithmorgan on September 20, 2024 at 11:26am 0 Comments 0 Likes
Posted by smithmorgan on September 20, 2024 at 11:25am 0 Comments 0 Likes
If she expects it will take her about 10 years to reach her goal, it could still make sense to invest in some individual growth unique boutique s early on, because these are likely to pay off over a 10 year period, but the closer she gets to her goal of $1M, the less risk she'll want to take. stock selection is indeed critical; however, it’s not nearly as important as managing risk and making good risk/reward decisions. Likewise, if you're 70 years old, have $100k to your name and have never invested in your life, have a terminal illness with only 1 year left to live, and your goal is to turn that $100k into $23M so you can buy each of your 23 grandchildren a $1M house as a parting gift, once again I wish you good luck, because it's just not a very realistic goal. Let's say you're in your early thirties, you have $100k to your name that you're looking to invest, you've determined that you need a minimum of $4M to achieve financial freedom, and you have almost no use for any money beyond $10M, because you don't have crazy rich tastes nor other big goals.
What chance of winning would I need to bet the full $100k with a potential 100x pay off? Don't bet the house on buying this list of names or go shorting FANGs or Tesla. The volume remains light as there just is no buying going on right now. FAS is the stock in the uptrend and rules right now. Now that you know how much you'd need to achieve financial freedom, and hopefully also any other goals you might want to achieve, we can revisit the question of how valuable various amounts of money are to you. So now it's time to look at how I've built my own strategy given my goals and the opportunities available to me at this time. What would work best for him depends on his personal knowledge and skill set, and also on the specific investment opportunities available to him at the time. Only time will tell. The answers to these questions will likely depend on your level of income.
© 2024 Created by PH the vintage. Powered by
You need to be a member of On Feet Nation to add comments!
Join On Feet Nation