#18
|
|||
|
|||
Re: How much money will i have after 3 years?
Simplify the problem with the Ruleof72.
Take 72 and divide by your return. Take 72 and divide by 50% return. Your money doubles in roughly: 1.44 years Therefore your 8K is roughly 16 in about 15 months. Do the same with your 500 deposits. No one gets 50% consistently without huge volatility. As a general rule, expect drawdowns equal to your return. For example for a 35% return expect a 35% drawdown at some point during the 12-month measuring period. If your return consistently and significantly beats your largest equity drawdown during the measuring period, you are very good. |
|
|