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Old 06-16-2007, 12:21 PM
Evan Evan is offline
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Join Date: Jun 2004
Location: startupping
Posts: 14,351
Default Re: Taking out a prosper loan to buy stocks

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I don't want to get too cocky, so I am capping myself at a maximum annual return of 35%, which I actually think is achievable based on my opinion of my stock-picking ability.

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I do believe that a small percentage of people with < $1M portfolios can achieve this return over extended periods of time. However, I believe that there is nobody in the world who doesn't already have $25K freely available to invest who can achieve this return. Reading the things you've written in this thread it's clear to any moderately knowledgeable person that you have no edge on the market.

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can someone tell me how/why you would "cap your annual return?" I guess you could sell everything you own if you hit 35%, but that seems awfully stupid--yea, this actually makes a lot of sense now that I think about it.
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