RE:RE:A simple way to be a millionaire?bruiser56 wrote: Interesting, since year over year growth of the s&p is around 7%, what percentage of equities do you think goes up 100%/yr? And then hitting that 8 years in a row?
It's just a thought. I know anybody could have thought that up, but if you really think about it, it's very possible as long as you don't get too emotional with the trading.
Of course no one has a crystal ball and maybe whatever you invest in might not double, but even if it goes up 50% is fine. My point is, if you're determined, disciplined, and make it your goal, I think it's very achievable.
The past 3 years I've been in and out of many stocks and realize after the fact that those stocks went up more than double (some cases 10x). It's one of those things when you think "damn I shouldn't have sold" type scenario