I'm an investor... again
Jan. 31st, 2007 12:21 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
A few weeks ago I impulse-purchased The Little Book That Beats The Market, mostly because the foreword is by someone I trust. I read it, and it was basically my investment strategy, but he worked out a trick that makes the difficult math disappear.
According to his simulations, you can turn $15k into a million in 17 years. That’s when I retire. So I hope to invest $30k.
Wish me luck!
According to his simulations, you can turn $15k into a million in 17 years. That’s when I retire. So I hope to invest $30k.
Wish me luck!
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Date: 2007-01-31 07:13 pm (UTC)Personally, I'm the old traditional your-age=bond-percentage, 20% real estate, 14% international, and the rest mostly indexed funds. I confess to a passion for CEFs in states where they're available, and I note that New Jersey has 13: BNJ (from http://www.etfconnect.com/select/FindAFund.aspx) though trading at a premium, is one example, though its state tax status is a little unclear and I don't know New Jersey.
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