Re: How much $ is needed to never have to work again?
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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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So what is your trading style? Do you trade long/short?
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Yeah.
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Fundy/TA?
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Yeah, both.
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long term/short term?
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Short term. I hate being in anything over a month. Turnover, baby. Get the product in the door and out. That's what got Walmart where it is today.
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Even a buy & hold index fund would have returned 12-15% over the last 3 to 4 years.
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I can't remember when I last did an index fund trade. Over 10 years ago at least.
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