Lets say that if you put $1MM in your favorite investment, and I used $1MM to day trade, I'd probably need a couple few good days to make what you'd make in about 8-10 years. But they'd need to be good days, which aren't every day. Nonetheless, yes the total time spent would be around 1/1000th. I think that's safe to presume, for example, if your $1MM went into an index fund. Who really cares. Does it really matter? You're not even the OP.
Ok, so since $1MM will double in the market in 10 years, per your statement you would make the same $1MM in 36.5 days. If you add a million bucks about every month, you should have at least (!) 10s of millions by now! If you do the good for you, enjoy.
I don't have $1MM capital to day trade with. It was hypothetical. If I did, I'd be wealthy as fuck.
Ah, the picture is getting clear. I am not wealthy because I am not wealthy.
Doubling ten times a year, or even half that, would grow even a modest starting pot to massive amounts in a couple years. So, why don’t you have that capital?
Starting with just $1,000, double 10 times in a year would end up with $1MM, and $24K.
Yes, of course. Glad to see you that you take great pride in showcasing your mathematics abilities.
see your own #6
I wrote it. I'm not FIRED and I'm not provoking problems. You can read it all day if you want.
