Re: [CANSLIM] Reasonable Goal?

From: "Jonathan Lobatto" <jlobatto@nyc.rr.com>
Subject: Re: [CANSLIM] Reasonable Goal?
Date: Fri, 23 May 2003 16:48:18 -0400

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Tomas,

This would be an over 40% annualized return. To be blunt, it's unrealistic
and that's assuming that you're paying no taxes at all on this money while
it's compounding. This kind of return would make Buffet look like a 3rd rate
investor in comparison! If you can grow it to 2M by the time you're 55,
consider yourself fortunate!


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- ----- Original Message -----
From: "Tomas" <tomas986@yahoo.com>
To: "canslim canslim" <canslim@lists.xmission.com>
Sent: Friday, May 23, 2003 3:57 PM
Subject: [CANSLIM] Reasonable Goal?


> This question is for the senior CS'ers.  If an
> investor is 29 years old right now, and his goal is to
> make $2M by 40 to retire, is this a reasonable goal?
> The assumption is that he will start with $10K and add
> between $5-$10K capital every year.
>
> I understand that there are many factors like
> - how discipline you are
> - how diligence you are
> - how persistent you are
> - how you learn from your mistake and
>   do post analysis of your trades
> - and even how lucky you are.
>
> But assumption that the investor is decently good on
> those factors.  What is your opinion?
>
> Thanks,
> tomas
>
>
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