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Old 13-01-2014, 11:02 AM
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Originally Posted by Unregistered View Post
You are not alone. Quite a number of mid-career professionals have taken this path. More than 3 of my friends are doing this. The key is sustainability. One told us he made $1m in one year only to lose it and more subsequently. Income from employment is sustainable. I am not sure if trading in stocks can give consistent returns over the years. To provide some level of certainty to their income, some enterprising ones even conduct seminars and courses on technical analysis. All of them have wives working and is their backup during bad years. They told us if their wives not working, they will die die look for a job.
Your friend has little investment experience or grredy. He should be better off driving a taxi.
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