Realist
Billie Jean is not my lover
- Joined
- 1 June 2006
- Posts
- 2,057
- Reactions
- 3
Re: EVE - Energy Ventures
And yet....
You do not take into account any expenses.
You spend a monthly sum on trading tools/software, brokerage, interest and fees on the margin loan, and tax. Then take away inflation.
Tax alone will take away nearly half of your profits.
I suspect if you take all expenses into account you are about $200,000 less that that amazing figure you keep bandying around the bored.
tech/a said:To you and some others it seems ASF is a competition board.
And yet....
tech/a said:Starting capital was $30,000 with $70,000 on margin loan Now $386,000.
You do not take into account any expenses.
You spend a monthly sum on trading tools/software, brokerage, interest and fees on the margin loan, and tax. Then take away inflation.
Tax alone will take away nearly half of your profits.
I suspect if you take all expenses into account you are about $200,000 less that that amazing figure you keep bandying around the bored.