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Reply to "When does contributing to your portfolio start to feel pointless?"
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[quote=Anonymous][quote=Anonymous]10% is insane for a long term average. Investors that have millions or billions to invest, that have access to a lot more investment vehicles than you and lower fees, are told to expect something more in the 6-8% range depending on how aggressive they are. For public employer pension funds, the average eoxected long term return is about 6.7%. The fact you are saying 10% makes you sound very young and not very sophisticated. [/quote] Not true. There are people who can double money yearly. People with lot of money can take all kinds of risks. Some do it and some are not interested at all as they have enough. I double my money in 2004 and already again 2005, after making several mistakes. 2005 one came even faster as I had experience. I ignored that it couldn't be done. It's easy actually.[/quote]
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