[Evan]

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pig4bill, please explain.

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Explain why I want someone to give me a half-million? [img]/images/graemlins/smile.gif[/img]

I feel reasonably confident I can make 12 to 15 percent a year off the market, so I would take 200k and trade my usual way to make my nut. I would keep the other 300k in T-bonds in case the market got really weird or I got too aggressive and lost the stake. If I had to re-load, I would back off the aggression and would only need to make 8% because of the bigger stake. Note that taxes on $24k are nearly non-existant, so a couple percent here or there to cover taxes wouldn't matter to me.

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Question for all:
Is a person who is studying economics or finance of some sort automatically a lot more probably to never have to work again compared to a person who hasn't studied in this field?

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No. Who's going to be "teaching" you this stuff? Someone that needs a job. How can they teach you something they don't know?

Besides, their institutionalized uncreative thinking is the type that leads them to advise everyone to buy index funds or mutual funds.

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Taxes on 24k in the US are like 3k, that is hardly nonexistant.

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It's an extra 1.5% yield on my 200k stake. As I said above, a couple percent here or there doesn't matter to me.

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Also, what makes you think 12-15% is a reasonable return to expect? Just curious.

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That's just over 1% a month. Even in the low volatity environment of the last few years, I've been able to find enough trades to return 1% a month.

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Whether or not the taxes "matter" to you isn't really the point, a 1.5% change in return is significant.

The fact that 12-15% is just 1%/month is nice, but doesn't really answer my question.