How can i earn a living as a full time invester?
No job, just living off investments?
Asked By: gotagetaweigh - 7/27/2007
Best Answer - Chosen by Asker
First, don't quit your day job. Invest while working, or wait until you have enough money to lose money for the first few months... More
Answered By: bkoo869 - 7/27/2007
Additional Answers (9)
i suggest you get really good at it.
Answered By: Pryva D - 7/27/2007
roflmao ok for two points you have to have a LOT of money and make SMART moves. Get a real job unless you have a silver spoon in your mouth.
Answered By: zyberianwarrior - 7/27/2007
We call that retirement you can withdraw about 4% of your beginning balance each year the rest of your life so if you need 40K to live invest a million in mostly equities. Most people are over 50 before they have that much to invest. If you wanted to live on 20K you would only need half a million.
Answered By: shiprepairwoman - 7/27/2007
Over the years I have invested my money for a living and other peoples money for a living. As long as you realize that investing your own money for a living is pure speculation and the expected result is an entirely random outcome, you should be fine. In all seriousness, being a full time investor sounds more glamorous... More
Answered By: waterdrop - 7/27/2007
Waterdrop - fabulous answer!!!!
Answered By: Anne B - 7/27/2007
Start small, get good. It doesn't take much knowhow to make 10% per month. So with 100k you'll make 10k a month.
Answered By: mntndo - 7/27/2007
Hire me as your Portfolio Manager.
Answered By: Frank Castle - 7/27/2007
If you are good in managing money and have the stomach for trading, you can make some good money providing you got a chunk of capital to invest; and figure out how much you want to make as minimum per month... More
Answered By: carlos z - 7/28/2007
You can do it but it requires mental fortitude, good money management, a personal strategy that involves stop losses, emotional detatchment and even capital so that you never invest more than 5% ON ANY ONE TRADE... More
Answered By: katerschenko - 7/31/2007
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