Originally Posted by
ToiletDuck
A student of mine is very very intelligent when it comes to the market. He invested in electric companies. He started with 3k and within 8months sold for 28k. He's got the touch. I've been saving up and I'm just now starting to sit down to figure out what I want to do with my money. If I can get 20%ish I'll be a happy camper. Roth IRA's are good but I can't cash them out if I get into a pinch.
I'd say that was more luck than anything. Runups like that are pretty uncommon.
You can cash out your contributions to Roth IRA's anytime, at any age.
I'm thinking Chinese telecoms (ie cell phone companies). What are your thoughts? How about your friend? He sounds like a good guy to hang around with
. If I can get 7% average I'll be happy. But 20%? Darn I could retire by 40.