Quote:
Originally posted by heshy@Oct 4 2003, 07:30 AM
Serge---your cash should be INVESTED. Your losing cash being on the sidelines.
|
thank you for your FREE advice,
I really need it!
you are a student of math,
let's play the math.
if you lost 20% of your position,
the stock should go up 25% for you to break even
if you lost 40% of your position,
the stock should go up 66% for you to break even
...and if one makes 1% a year on 100,000,000 in money market with ZERO chance to lose money,
who will come up ahead over the life time, assuming you started with 100,000 and enjoy 30% a year returns with 25% chance to get nailed 30%?
do you need to borrow my calculator or math book course for the correct answer?
;-)