Thursday, April 11, 2013
Time to buy REFR, trading at $4.25
If you have not bought REFR, now might be your best opportunity. Should go up later today and into tomorrow. My price target leading towards May 15th is $6 a share so you have plenty of upside. The CEO has made it as clear as he can without breaking SEC rules that the Mercedes S class will use smart glass technology. The CEO says that this will benefit the company financially in a great way. Also, the CEO knows that the stock price is way too undervalued, he actually said that. Executives are also picking up shares as well as the guy who bought 20% of IMAX when nobody believed in it. This stock could literally double.
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Hey Austin,
ReplyDeleteHow would someone like myself go about trading from over here in South Korea?
Like your work, man.
you would need to set up an online account. You could go to www.etrade.com to set one up, other good brokers are Interactive brokers, schwab, tdameritrade. Thanks man. Let me know if you need any help.
ReplyDeleteThanks man. To be honest, I'm still virgin when it comes to trading; what would be a minimum amount to start with to actually make it worth trading?
DeleteWell trading takes a lot of time and is risky but the minimum would be $1000, maybe you should open up a tax free retirement account and add to it as you wish. That will protect your retirement and give your wife and kids some security in the future. This type of account is much safer and when you are ready to retire you do not have to pay taxes on your profits. You could essentially invest in a 7% dividend paying stock and if you contributed $4000 a year to it you would retire a millionaire.
DeleteInput Summary
DeleteAnnual contribution $5,000
Starting balance 5,000
Current age 30
Age of retirement 65
Years until retirement 35
Expected rate of return 7%
Marginal tax rate 0%
Roth IRA Balances by year
Age IRA
Contribution Roth IRA
Balance Taxable
Account
30 $5,000 $10,700 $10,700
31 $5,000 $16,799 $16,799
32 $5,000 $23,325 $23,325
33 $5,000 $30,308 $30,308
34 $5,000 $37,779 $37,779
35 $5,000 $45,774 $45,774
36 $5,000 $54,328 $54,328
37 $5,000 $63,481 $63,481
38 $5,000 $73,275 $73,275
39 $5,000 $83,754 $83,754
40 $5,000 $94,967 $94,967
41 $5,000 $106,964 $106,964
42 $5,000 $119,802 $119,802
43 $5,000 $133,538 $133,538
44 $5,000 $148,235 $148,235
45 $5,000 $163,962 $163,962
46 $5,000 $180,789 $180,789
47 $5,000 $198,794 $198,794
48 $5,000 $218,060 $218,060
49 $5,000 $238,674 $238,674
50 $5,000 $260,732 $260,732
51 $5,000 $284,333 $284,333
52 $5,000 $309,586 $309,586
53 $5,000 $336,607 $336,607
54 $5,000 $365,520 $365,520
55 $5,000 $396,456 $396,456
56 $5,000 $429,558 $429,558
57 $5,000 $464,977 $464,977
58 $5,000 $502,875 $502,875
59 $5,000 $543,426 $543,426
60 $5,000 $586,816 $586,816
61 $5,000 $633,243 $633,243
62 $5,000 $682,921 $682,921
63 $5,000 $736,075 $736,075
64 $5,000 $792,950 $792,950
assuming you only started with $5000 and you were 30 years old then when you were 65 you would have about $800,000. That is assuming the stock never goes up and you only got the 7% dividend yield. You would 99% for sure be a millionaire
ReplyDelete