Quote:
Originally Posted by Unregistered
Making money is easier than most think it is. The first crucial lesson that one needs to understand is that investing is way more important in wealth accumulation than your monthly income.
Believe it or not. My annual income last year is 36k. Exactly 3k a month. Contract basis with no bonus. My investment return last year, including paper gains, is 573k. I spend about 8 hours a day working my day job earning 36k a year. I spend 1 hour every night managing my investments. The effort-payout ratio is totally lopsided
Again it is not how much your day job pays you but how well you invest
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Last year was a strong bull run, my investment returns were also good (close to 850k), but I dont think it will be repeated again this year. If you have a decent trading plan and strategy, realistic average return is 300-400k yearly.