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Message
re: 228% return in 3 months
Posted on 4/23/08 at 12:26 am to Tigahs
Posted on 4/23/08 at 12:26 am to Tigahs
He's doing so good because he is taking substantial risks that he wouldn't take had the money been real.
shite, you diversified like an intelligent investor and what one would likely do had it been real money.
I'd give you an A and him an F because, over the long-term, you would end up well off and his strategies would leave him in rags.
....and he may have to pull out over the next year because of his strategies volatility and pay short-term capital gains tax which would be pretty large on income of $1mil+
shite, you diversified like an intelligent investor and what one would likely do had it been real money.
I'd give you an A and him an F because, over the long-term, you would end up well off and his strategies would leave him in rags.
....and he may have to pull out over the next year because of his strategies volatility and pay short-term capital gains tax which would be pretty large on income of $1mil+
Posted on 4/23/08 at 12:59 am to LSUKTR
quote:
and pay short-term capital gains tax which would be pretty large on income of $1mil+
About $630,000.
Posted on 8/29/09 at 6:41 pm to LSUKTR
quote:
He's doing so good because he is taking substantial risks that he wouldn't take had the money been real.
This. If your entire class went to play roulette tomorrow you can be sure that *somebody* will win one of those 35-1 bets. Kind of how if you want to win your March Madness bracket you have to get lucky with the early round upsets.
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