As I stated from the beginning I need this to pay most, if not all my bills.
To gain some measure of reassurance I have been looking at ways to estimate over a year how much I can expect as a return.
As very quick calculation.
I roughly calculated by service the value of stakes per week/ month/ year.
Then I took the yearly ROI
I times one with the other.
This provides a rough total of the yearly return by service.
I took 60% of this as I doubt I will get the same results.
I just about have enough.
I roughly need 10% ROI (funny how most calculations end up at 10%) on the current bank to make this work.
NOW, I look over at The Portfolio Investor for a bit of inspiration. I think I'll drop Rowan a quick email and ask what he's manged to pull off in terms of ROI:)
What is your total bank?
ReplyDeletedrop me your email address and I can reply privately.
ReplyDeleteemail: sturla (at) outlook. com
ReplyDeleteI'm into a similar project myself so your blog is a great resource:)
Thanks!