Compound Growth - R3k into R3m

[Pap_sak]

cool....have you ever turn 3K into 3Mill, and how long did it take? I understand it's quite easy to turn 3mill in to 3k...

[Norri]

From my original post:

I can't guarantee a single thing! I won't promise you riches, retirement or anything at all. All I CAN say is that I'm doing this (starting from January because I'm saving up to start with R10,000)

So, no, I haven't yet turned R3k into R3m but I'm going to be trying real soon!

[Dave A]

Ivan,

Earlier I asked this question:

Given the current market instability, how reliable is a stable market model going to be at picking up buying signals? I can't help thinking the risk of being blindsided is much higher than usual.

What are your views on this?
Or maybe the real question is - Are your methods based on picking up signals from a fairly stable market model?

[Ivan Solans]

Hello Dave,

A good question with no right or wrong answer.

Unstable Markets can be trickier to identify good Signals but we work on a combination of trading systems, operating systems, strategies, planning methods, extensive and continuous research and well more than anything else some common sense that we have learned from dealing in the Forex Markets for so long, so no matter whether the Markets are stable or not we don’t just stick to one strategy that might work well on more stable Markets and still benefit from the moves that the Forex Markets can make on more unstable conditions.

[Dave A]

I expect a strong factor at the moment is the safe haven status of the USD (which I find ironic given the US property market was the root of the current instability).