A billion dollars from $100 in 10 years.

Gworker · 09-01-2007, 08:28 AM

Reading this almost makes me want to open up my E-Trade account again and start the online stock trading. Wait, the last time I did that I lost $5,000 in a few months.

Top 10 Stocks - AOL Money & Finance

farmerEd · 09-01-2007, 09:21 AM

That is truly amazing. Now if I could just go back in time 11 years!

Eyerishgold · 09-01-2007, 09:42 AM

I bet I could go from $1 billion to $100 in 10 years if I tried real hard......

Nords · 09-01-2007, 10:40 AM

Quote:

Originally Posted by farmerEd

That is truly amazing. Now if I could just go back in time 11 years!

Hmmmm, to make sure it really works out you might want to plunk down $200 or even $300...

bright eyed · 09-01-2007, 12:50 PM

well, isn't that a clever exercise...

the title made me think it was for an infomercial...

EngineeringMyFinances · 09-01-2007, 01:16 PM

you'd now own 10% of ATI. With that much stake, could you remain a mere passive investor?

terminator · 09-01-2007, 02:12 PM

Interesting. Now how much is left after taxes?

ERD50 · 09-01-2007, 11:21 PM

Or buy lottery tickets.

I don't know what the lottery odds are, but your chance of picking the highest stock performer of the year, ten years straight?

Assume 5,000 stocks to choose, 1/5000 to the tenth power is about a chance of 1 in 1 with 37 zeroes after it.

-ERD50

Darryl · 09-01-2007, 11:55 PM

Opened a forex account in early august they give you $50,000 of practice money. I made a a few trades was up $250 after two days the rep, salesman #ssclown called me about the new improved software package. I told him I was going camping wouldn't have access to a computer. Came back 10 days later the $50,000 was gone and I owed them $2,500.
I haven't heard from the rep again. Sure am glad it was a practice account and have marked this on the dayplanner as something to work on again ten years from now.

Moemg · 09-02-2007, 09:35 AM

Interesting article !

09-01-2007, 08:28 AM	#1
Gworker Recycles dryer sheets Join Date: Jul 2007 Posts: 87	A billion dollars from $100 in 10 years. Reading this almost makes me want to open up my E-Trade account again and start the online stock trading. Wait, the last time I did that I lost $5,000 in a few months. Top 10 Stocks - AOL Money & Finance

09-01-2007, 12:50 PM	#5
bright eyed Thinks s/he gets paid by the post Join Date: Jan 2007 Posts: 1,585	well, isn't that a clever exercise... the title made me think it was for an infomercial... __________________ If i think of something clever to say, i'll put it here...

09-01-2007, 01:16 PM	#6
EngineeringMyFinances Recycles dryer sheets Join Date: Aug 2007 Location: Midwest Posts: 109	Trouble is .... you'd now own 10% of ATI. With that much stake, could you remain a mere passive investor? __________________ Engineering My Finances Blog

09-01-2007, 11:55 PM	#9
Darryl Recycles dryer sheets Join Date: Mar 2007 Posts: 335	Opened a forex account in early august they give you $50,000 of practice money. I made a a few trades was up $250 after two days the rep, salesman #ssclown called me about the new improved software package. I told him I was going camping wouldn't have access to a computer. Came back 10 days later the $50,000 was gone and I owed them $2,500. I haven't heard from the rep again. Sure am glad it was a practice account and have marked this on the dayplanner as something to work on again ten years from now. __________________ Your focus determines your reality - Qui-Gon

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09-01-2007, 09:21 AM	#2
farmerEd Full time employment: Posting here. Join Date: Jan 2004 Posts: 697	That is truly amazing. Now if I could just go back in time 11 years!

09-01-2007, 09:42 AM	#3
Eyerishgold Recycles dryer sheets Join Date: Aug 2007 Posts: 195	I bet I could go from $1 billion to $100 in 10 years if I tried real hard......

09-01-2007, 02:12 PM	#7
terminator Recycles dryer sheets Join Date: May 2006 Posts: 219	Interesting. Now how much is left after taxes?

09-01-2007, 11:21 PM	#8
ERD50 Thinks s/he gets paid by the post Join Date: Sep 2005 Location: Northern IL Posts: 3,694	Or buy lottery tickets. I don't know what the lottery odds are, but your chance of picking the highest stock performer of the year, ten years straight? Assume 5,000 stocks to choose, 1/5000 to the tenth power is about a chance of 1 in 1 with 37 zeroes after it. -ERD50

09-02-2007, 09:35 AM	#10
Moemg Thinks s/he gets paid by the post Join Date: Jan 2007 Location: Sarasota,fl. Posts: 3,101	Interesting article !

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