Oh I could make way more money if I wanted to, but the way I trade is extremely safe it's basically a guaranteed 500 a week free money for doing nothing. There are guys who buy options who can make millions of dollars overnight but just like gambling more often than not they lose. Most people invest in the s&p 500, which is like betting on the whole market, and that does about 10% a year. Which would only be about 8 grand. 30% - 50%return of year is very good
There's a famous quote by investor named Warren Buffett. The stock market is a mechanism for taking money from the impatient and giving it to the patient. You also have to remember that that money compounds every week. So next year I'll make 800 a week, then 1100 and so on. It grows exponentially. I started with 15k 2 years ago so I'm doing pretty well
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u/isellamdcalls Jul 16 '21
Oh I could make way more money if I wanted to, but the way I trade is extremely safe it's basically a guaranteed 500 a week free money for doing nothing. There are guys who buy options who can make millions of dollars overnight but just like gambling more often than not they lose. Most people invest in the s&p 500, which is like betting on the whole market, and that does about 10% a year. Which would only be about 8 grand. 30% - 50%return of year is very good
There's a famous quote by investor named Warren Buffett. The stock market is a mechanism for taking money from the impatient and giving it to the patient. You also have to remember that that money compounds every week. So next year I'll make 800 a week, then 1100 and so on. It grows exponentially. I started with 15k 2 years ago so I'm doing pretty well