What is a realistic return on value investing?

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(22-06-2012, 12:40 AM)d.o.g. Wrote:
redcorolla95 Wrote:Whereas I'd really like to know more about people getting rich by picking fund managers. Yes there are fund-of-funds, but the people who run them get rich by collecting fees from assets from their marketing efforts rather than picking managers.

The most sensible way to get rich is to work first and invest second. Even if you are a genius investor, it takes time for your capital to grow to the point that you can live off investment returns alone. Until then, you need a job to pay the bills and add to the investment capital.

Possibly the best advice to any value investor.
A value investor must recognize the value of his/her job. In fact, doing well in job is probably the precursor to building up a sizable investment capital.

Quote:Aw Shucks...
All these years, I'd been feeling so happy and lucky as using the same method, my Total Assets (Stocks + Cash) is 5.6x that of end-Jan '03 (when my records become more detailed). Now, I think I better spend more time scruntinising, asking and learning instead of poking fun at everyone.. Tongue

I have an additional source of income and so the comparison is not fair.
So, my point is and which is the same as what many gurus here had pointed out, do not neglect your job that gives you the monthly salary. It helps to accelerate your growth of the investment capital.
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RE: What is a realistic return on value investing? - by yeokiwi - 22-06-2012, 07:20 AM

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