Forum Archive Index - April 2000

["hyperion" <hyperion@ihug.co.nz>]

David,

Speaking about retirement, I started a scheme 3 years ago when I was 17 I
pay in       $ 300.00 a month (doesn't sound much) to a plan called World
Equity trust. It has yielded roughly 20%  per anum so far.

It was calculated at 6 % compounding, by the time I am 35 I will not need to
buy anymore units and will be able to retire at 45 a very wealthy man.

I have also recently started another one to cover my arse called Westpac
emerging opertunities last 12months it yielded a whopping 50%,  along with a
few share trades here and there things should be smooth as.

Cheers
----- Original Message -----
From: David Lau <Akunamatata@pop3.xtra.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Wednesday, April 26, 2000 1:38 PM
Subject: Re: [sharechat] What to do ? no markets open ,im bored already


> I think everyone goals will be able to retire in style. My though
> will be to make as much money as i can while i can and enjoy life
> through on the way to retire. I understand how you feel about money.
> I was thinking about the samething 5 years ago and save every penny
> to make new penny. I am more willing to burn some money for fun in
> live now but just to a degree.
>
> However, IMHO  share market will be a place to make some extra cash
> to burn instead of saving towards retire. if someone try to be greedy
> and ignore all the relevant facts, they will be very disappointed
> with it.
>
> Happy Investing.
>
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