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Re: bri123 post# 35009

Sunday, 12/01/2024 8:56:02 PM

Sunday, December 01, 2024 8:56:02 PM

Post# of 35023
Investing in sub penny OTC stocks is more akin to walking into an unregulated mafia controlled casino and expecting to leave with their money.

Someone posted a hypothetical saying if they picked 10 OTC stocks and put $1k into each ($10k total)...they'd be lucky if one hit. And even if they were lucky that one would have to nearly 1,000% just to break even.

However, $10k invested in an aggressive fund with a compounded annual average of 20% would return--

1 year------$12,000
5 years----$24,883
10 years--$61,917
15 years--$154,070
20 years--$383,376

Even at 10% the return comes to--

1 year------$11,000
5 years----$16,105
10 years--$25,937
15 years--$41,772
20 years--$67,275
Bearish
Bearish

Consider me an IDIOT. Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.