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RE: ⏺How anyone can become wealthy with as little as even $1!

in #whalepower7 years ago

Sure you can do 40%. But you can't do it consistently for 15 years.

You're better up finding 5% low risk for 15 years straight, than doing 40% up 1 year then down 40% the next.

Consistent 40% for 15 years isn't even something that the top hedge funds hit.

I say it again. Come on man...

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5%??? Im dying of laughter but sorry. My bank offers me 11% on my fixed deposit... guaranteed! (Obviously I won't get such a high return with a 1$ account)

And once again, it comes down to risk. Your bank pays a high interest rate, because your economy is up shit creek. They are poorly rated and as a result contain RISK.

This is the entire point. If you do 11% every year for 14 years and then lose 99% on the 15th year, then it is not worthwhile.

@longfield98 does not use South African banks - neither do I

Our banks pay us these rates because this is what normal is.
I dont want to tell you what to do with your money @forexbrokr but if you cannot find these deals i suppose you are looking in the wrong place.

That's because the Hedge Funds are keeping 80-90% of the profit xD Why do you think they are so big..

40% over 15 years is definitely doable LOL. I'm not going to spill the beans, but one of the methods is in your very name! Forex traders make MUCH HIGHER returns than 40%. If a trader is making less than 40% in a year, they don't know how trade. Just being real. I have achieved far better results than 40% over the past few years.

People need to accept the fact that the world is changing, and these things are doable nowadays. If it was 50 years ago, then sure, I would agree that 40% would've been tough to achieve.. But not now.

Just look at Bitcoin lol.

I think if I can achieve 5 resteems on this post, I will reveal the info in my very next post!