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Im playing it safe while I learn the stock market for the most part, investing in high-dividend paying REIT's. Ive recently plugged a few thousand into some Chinese stocks and diversified into BIDU, SINA and have the rest in my REIT, AGNC.
At a 19% dividend, the compound interest on that investment over a lifetime can be quite impressive if I start investing heavily in my early years and therefore make financing a hobby in drag-racing, chump change compared to people who put the wages they earn into their cars. |
Originally Posted by 1QWIK7
(Post 10550646)
Theoretically yes that is probably how they got these amazing cars.
But i just want to clear up for the dreamers that read this thread. Its NOT as easy as you think. SO before you spend your bank account trying to get rich on an online trading site, PLEASE PLEASE do your homework and study. This is not an overnight thing, you have to obviously invest money, time, and actually know the stock market to get any real profit in the end. That being said, im still learning myself. I hope it will pay off (im sure not like these guys in the video) but at least somewhat to that degree in the next 5 years. |
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