LG,
the blueprints are all over this forum, a bit of this and a bit of that.

True Barny.

However, I am monitoring one of the systems you mentioned on the forum. It's showing signs of success for now. Maybe things will change and I may just take up the punt. Time will tell.

I would starve if I had to live on my savings at 4.5% interest.
Is this a leg pull, DD ?

Seems you don't have much to invest then? Heard of compouding iterest?

Off topic but if you can find an account offering 4.5% at the moment without any special terms then you must be riding Aladin's carpet around town. Not to mention once you take inflation away your real interest is more like anything between 1.5-2.5% at the moment, possibly less.

It sounds silly but if someone can even produce 0.5% a day on a bank consistently in this game they should be happy. Many think these gains sound tiny and are worthless, but in retrospect when bank accounts are doing 3% and shares are volatile but yielding 5-6% and your managing 0.5% on a bankroll compounding i know what i'd rather have.

Thats why I aspire to have even one profitable system that could achieve this over an extended period of time, because everyone can generate 3% on a bank account or 5-6% on shares but how many can generate 0.5% a day or even 1% a week on a bankroll by betting - not many.

I remember I was working in the Bank in 1982, and pensioners were getting 16.75% on term deposits with ESANDA.
How times change!

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Don't forget that it's 4% per annum in the high powered Savings Account. So on $10,000 invested you'll be blessed with $400 for the year... less fees, etc.

Here is a simple compounding calculator if anyone would like to give it a try. Cheers but no beers on $33/mth savings interest.

Attached Files

Compound Calculator.xls (35.5 KB, 627 views)

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“Everyone’s got a plan. Until they get hit”. -Mike Tyson

More than most. No. I don't know what compouding interest is.
Is it something to do with being 9% short of a real word?

I can play with the wording in that quote, but it will get me banned.
Clue: just one letter of the alphabet.