The common wisdom says that my investing returns from stocks, bonds etc would be no better than that of S&P 500. In long term most frequently used return is 8 to 10%.
I am going on a limb here. Firm believer in stretch goals. Lets set a target return to 20% for year 1. This means I have to make $20,000 from investment. Grow the total to $120,000.
Of course, I will report progress and the trades regularly.
Damn...need to hurry up with broker selection and money transfer.
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3 comments:
your expectations need to be a lot higher if you are trading options. 20% is bad on pure options trading. you just created this blog and you are getting a lot of traffic. email me. i'd like to talk about how you set yours up.
email me here
Completely agree with Paul on this one. I've been trading options for a casual 2 years now. With the amount of capital your using, you could realistically achieve 10% to 15% per month actively watching your investments.
I hope the journey is an insightful and educational one for you. Best of luck!
I would love to get 10-15% return. Hopefully, I could improve my skills to that level.
Thanks for encouragement.
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