I was thinking about my personnal invest in life and at the same time studying for my CFA and I came accross a theory that might be fun to try. I am looking for as much input from everyone.
On a personnal investment we get if lucky 5%-8% return (on a good year)
I am thinking about investing $100 on this (so its only for fun), I am not going to lose my shirt on this its only for fun.
If you look at betting, you can get sure bet(i Know sure bet are not of this world) meaning that some bet give you a return of 5% to 8%. (i.e -1800 give you 5.6%)
if investing $100 at the begining at a rate of 5% per bet.
you get this formula for $100 * (1.05 to the 90)
The 90 is the number of bet or if you prefer 1 bet a day for 90 days
you get a total return after 90 bet at 5% return of $8,073.04
I know it's umprobable to get 90 straight win, I am looking for input on this and maybe help setting some bounderies on rules to bet theses 90 games.
you can e-mail me or reply here
On a personnal investment we get if lucky 5%-8% return (on a good year)
I am thinking about investing $100 on this (so its only for fun), I am not going to lose my shirt on this its only for fun.
If you look at betting, you can get sure bet(i Know sure bet are not of this world) meaning that some bet give you a return of 5% to 8%. (i.e -1800 give you 5.6%)
if investing $100 at the begining at a rate of 5% per bet.
you get this formula for $100 * (1.05 to the 90)
The 90 is the number of bet or if you prefer 1 bet a day for 90 days
you get a total return after 90 bet at 5% return of $8,073.04
I know it's umprobable to get 90 straight win, I am looking for input on this and maybe help setting some bounderies on rules to bet theses 90 games.
you can e-mail me or reply here
