>tfw you work out it will take you 45 YEARS to become a millionaire

>>1854074
What about derivatives, options and such?

>>1854076
1000 years because you can't predict the market

>>1854079
Use autistic finance skills and company/market news to forecast earnings of a company. If increase expected (from prior period, yearly/ quarterly), long with a call equity option. If decrease expected, short with put.

Will lose significant amounts to begin with, but it could be possible to gradually improve on forecasting, so that you eventually win more than you lose.

Granted, I haven't yet put any of this to practice, and it's obviously going to be a bit more complicated. But impossible? Not too sure there.

File: sharpe and skewness.png (120KB, 1010x643px) Image search: [Google]

120KB, 1010x643px

>>1854074
That's why you should try to increase your income first and then maybe start thinking about risk

This is what I concluded

Let's say someone wants to retire 5 years from now

If they bust their guts, they'll earn enough money outside their investment accounts to cover a few years living expenses

They then retire early, live off the excess saved cash for 3 to 5 years, meanwhile their nestegg is still compounding

Even if the market takes a shit, they haven't drawn down their invested capital, it's all intact for the rebound