Cleon Fernandes
I've heard people say they'd ''settle'' for a 25% to 30% annual return on the stock market! Settle? At this rate they would soon be the world's richest person far exceeding the wealth of individuals such as Elon Musk, Mark Zuckerberg and Jeff Bezos. Not even the tycoons of the 1920s could ensure profits of 30% indefinitely, even though Wall Street was rigged in their favour. Some years you may earn 30% profit, but in others you may only make 2%, if not lose 20%. It is simply part of the way the system works, and should be accepted as such. What's wrong with high expectations? If someone expects to earn 30% every year, they are more likely to be frustrated that stocks do not meet their expectations, and impatience may lead them to abandon investments at the wrong time. Or worse, you may take unnecessary risks in pursuit of imaginary gains. Only the strict application of an investing strategy, in both good and bad years, can maximise long-term returns. $INTC (Intel) $MU (Micron Technology, Inc.) $NVDA (NVIDIA Corporation) $COIN (Coinbase Global Inc) $ASML (ASML Holding NV) $NVO (Novo-Nordisk A/S SPONS ADR)
20 of 29
2 replies
1 reply
1 reply
5 replies
2 replies
6 replies
null
.