tustcousa.....Re the Seven Year Wait....
I hear what you're saying, truly I do. In some ways I can't believe how time has "flown" yet we are sitting here at sub $1 levels. Makes one think about the old adage..."...a watched pot..."
But the reason for my post to you today is to address the 7 years and your hope that the return "better be more than a double"
I'm often reminded of the Rule of 72.....whereby you take the expected annual return and divide it into 72, resulting in the number of years it will take you "double your money". If after 7 years, at minimum resulting in a double.....that would be an annual return of just over 10%. On any investment, if someone guaranteed you 10% per year, would you take it? I would. Most people probably would. If Wave gets you or any of us our "double" this year, next year, or the year after, that would be annual returns of 10+%, 9%, and 8% respectively. I'm saying all of this for demonstration purposes only. I"m not saying Wave will double this year, or next, or next......I'm just saying that it is prudent to understand the time value of $$.
Jaybeaux
