15% return a year?
Answer:
The only book I could find on Amazon that was recently published that might fit your description is this one. Unfortunately, it does not sound like what you are looking for. But it was just published this month.
http://www.amazon.com/90%25-solution-hig.
I am a little dubious that one can consistantly generate 15% annual return. I however do think 10% is a practical goal. It is certainly true that China and India are growing at about 10 to 11% annually and investments in certain companies in those countries might very well return 15% annually over the next 3-5 years. I do not not know of any fixed income--bond--investments that return 15%.
I will grant that it is certainly possible to generate 15% annually.
Pennx is a mutual fund that has over the past 25 years (before taxes) In fact Royce Funds stable of funds generally perform in the 15% annual bracket. And some funds have done even better.
GAM which has been in existance since 1927 has returned 16.1% annually since 1979. Data on performance is not available prior to that date. Again before taxes.
Haven't seen that one, but here's some links to financial books
http://books.global-investor.com/pages/h.
http://dir.yahoo.com/business_and_econom.
http://www99.shopping.com/xgs-financial_.
http://www.fpbooks.com/wsale/oct06clr/?h.
In my opinion 15 percent is low. You can easily make 25% per year if you study hard and trade often on a discount broker account. People say "don't trade often" but here is the math: If you buy mutual funds you might easily pay 2% per year hidden fees on your fund. Even no load funds have these expenses. And if you have a loaded fund you could easily pay 5% your first year. Now if you have a $100,000 account, that is $2,000 to $5,000 per year you will pay to hold mutual funds. If you trade on Ameritrade you get trades for under $10 each. So you could trade 200 to 500 times per year yourself and not pay more than if you let the mutual funds do it for you. Lets say you trade at the low end: 250 times yearly. That is over 20 trades monthly! At that ratio you can easily turn over your $100,000 several times yearly and not pay more in fees than if you let the mutuals do it. So dont listen to the naysayers: trade often and check out the penny stocks for up to 10% of your portfolio (not more imho) I just made $40,000 in one week on king.pk and the company website is kingresources.net
All of this is just my amature opinion and you should always seek professional advice when trading.
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