This week New York magazine reported that a New York high school student made $72 million investing in the stock market.
For a 17 year old to make $72 million from a $1000 investment, many experts calculated he would have to have returns in excess of 500% for 7 straight years. That means he would have to double his money every one to two months for 7 years straight. Yahoo Finance analyzes these returns in the article below.
How is your investment portfolio performing? Do you know what your annualized return is? Do you have your investments scattered among brokerages and mutual funds and are unable to view your entire portfolio at once?
Check out EquityStat’s portfolio manager and get up to the minute analysis of your entire investment portfolio’s performance.