"sound" plan,what do you mean by that? p.s with extra capital i could bypass first 2 or 3 years of this retirement plan
Mr Double, What if, for argument's sake, I gave you $10,000 which is capital protected i.e. worst comes to the worst, you owe me $10,000 and all I want out of you is 15% return p.a. on my capital and then you can keep 90% of the rest of whatever you make, even if you turn a profit of 100000%? Therefore, at end of year 1 you owe me $11.5k (protected/guaranteed) + 10% of your outperformance, if I leave my money in then at the end of year 2 you owe me $13,225 + 10% of your ouperformance etc. Free money to leverage up on and make a packet. If you draw up the legal documents, I'm game. If you can pull it off for 5 years, I will buy you a round the world plane trip to show you my gratification.
Let it run, you may have trouble finding any reputable, ethical investment manager willing to accept any client under a 90% performance fee arrangement -- or any split above 50%, for that matter. Even after a 15% guaranteed annual net return threshhold, as you suggest... which is really not difficult to achieve and sustain (and surpass) over time. In addition, if someone like mr double (hey, nothing personal) takes you up on your offer and happens to be domiciled in, oh, say, one of the FSU (former Soviet Union) countries, any legal agreement you enter into will be neither meaningful nor enforceable... Good luck.
Nigerian scam....Choad concerning your post I almost peed on myself....from laughing.....you should have said easy money is also made in the worlds oldest profession... Great and funny post take care my friend
thank you,i would except your offer 3 month ago,but right now it seems to me i don't need` any more due to following reason ,i'am planning to start offering managed accounts with 50/50 profit split,that way i can share profits and don't have downside
late apex, you've got me curious about adding some diversity to my investment (rather than trading) portfolio with this. Are you telling me that there are reliable investment managers, hedge funds or otherwise, that will offer you capital protected management with a guaranteed rate of return in excess of 10% year in year out? If so, I'd like to know more..... You may need to PM me as we're getting a bit off the subject on this thread, which is basically about seeing an advert from an FX broker, deciding to be a millionaire, reading a book about it, convincing yourself that you are 'the one' then turning on your screen and making it happen without any blood sweat or tears.