Quote:
Originally Posted by David70
Quote:
Originally Posted by kscarrol
Well done but being up 75% over almost 4 years is not a 40% annual return...
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X2. Think this is a little more than 14% annual returns.
At 18% annual returns you double your money in 4 years.
At 7% you double your money in 10 years. All before taxes.
No chance I would take out any loan to use the money to invest in the stock market (to open a business is a different thing). Make a realistic 8-10% and pay taxes on it, ending up with 7-8% (with considerable risk of doing much worse) and a loan that I took out at 6-7%? With my house on the line if something really bad happens.
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Not sure where you're getting those numbers from, maybe you're just dividing the number by years. The graph shows the percentage over time and it was negative in the early years but going up after that. Below are the numbers for 1 month, YTD etc. it is higher than that. 3 Yr is over 105%.