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re: What retirement savings balance is your goal, and by what age?

Posted on 1/2/21 at 7:18 pm to
Posted by oneg8rh8r
Port Ludlow, WA
Member since Dec 2003
2712 posts
Posted on 1/2/21 at 7:18 pm to
I think you misunderstood my stance. 18% is great, rule of 72 says you double your money every 4 yrs, not bad.

That's just not what we are shooting for. We purchased multiple stocks this year that have us up over 500% and some over 800%. We expose ourselves to risk, yes, but we don't need the money we invest to survive. We spend a lot of time analyzing and trying to make educated financial purchases.

Some people play video games, TicToc, etc..... We do a lot of homework and it usually pays off. Sometimes it doesn't and we get burned, but we typically have way more good days than bad ones and the net is way better than 18%.
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