Sunday, March 29, 2009

How to become super-rich

All you need to do is gain 1% a day in the stock market. If you start with $1000, and gain 1% every weekday, after 1 year you will have:

$13,291

After 2 years:

$178,417

After 3 years:

$2,395,048

After 4 years:

$32,150,879

After 5 years:

$431,590,038

After 6 years:

$5,793,619,508

You can be a millionaire in under 3 years, and a billionaire in under 6!

All you have to do is gain 1% a day......

Gaining 1% a day in stocks sure is hard, isn't it? What this also means is that the difference in skill between the best stock trader in the world and random guessing is a lot less than 1% a day. A lot less.

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