Thread: A Humble Request (Merged)

Nicely put michaelr...


4D

Very good points, Michael. Valid, and we will be discussing them as part of this thread. Glad you are aboard.

The ongoing belief is that 2% is impossible to sustain, and thus Pips was doomed from the start. Not so, if one would just do some research (as you obviously have). You only need AVERAGE 2% or more, daily bumps notwithstanding.

Thanks for setting me straight, Michael

Arcturus

Originally Posted by ArcturusI

How long does it take (in trading days) for that unit to earn another unit at 2%?

Arcturus

Well, we really can't use the 2% model, as that was reduced slightly for the charity donations that members contributed towards, additionally, for monthly purchases...

However, the original rates were as follows:

Prior to June 23, 2005 each unit calculated at $ 0.475 each
So each unit would have created another unit after 52.631578 days

After June 22, 2005 each unit calculated at $ 0.4625 each
So each until would have created another unit after 54.054054 days

Keep in mind the reduction in ROL was to allow for expansion of employee's....

Keep the questions coming, more math please...

4D

Sufficient for now. You've got returns to finish!

54 days to "double your money". Ok, How many trading days out of 180?

Originally Posted by ArcturusI

Sufficient for now. You've got returns to finish!

54 days to "double your money". Ok, How many trading days out of 180?

Again, depends on NYSE holiday schedules, etc.

However, quick and dirty, five sevenths time 180.. Or...

180 days times .7142857 = 128.57142 trading days...

4D

We'll use 125. Fed's always have days off each month.

Ok, so I start with 25 units day 1. On day 54 I have 2. On day 108 I have 4 units. I lose a unit on day 125 (trading days, remember) so I have 3, plus a couple more coming in 37 days or so. So this is how it grows.

Let's move to $$$. What is my MAXIMUM return on a daily basis? (Per $100. Let's keep the math simple)

Arcturus

Taxman has done the math correct, Mia. We are basing this on USD, Dow/NASDAQ schedule

Thanks for clearing that up for the masses. Keep us on our toes

Almost the weekend for me...........I'll make this simple

$2 (per $100) That's what I can make, and the most I can take. But in order for me to maximize my return, I have to be at 0% (reloan). What happens to my account if I'm at -0-?

-AND-

How long will it take for me to be at the gratis 6 units per month?

Originally Posted by ArcturusI

Taxman has done the math correct, Mia. We are basing this on USD, Dow/NASDAQ schedule

Thanks for clearing that up for the masses. Keep us on our toes

To be precise, the ROL was generated off of the NYSE's trading day.

Back to you question, it doesn't matter how many dollars you have, it is based on the number of units. However, if you want a precised percentage rate, it would be calculated as follows:

ROL per unit divided by value of unit.. So, here we go again...

.4625 divided by 25 = .0185 so.... 1.85% daily...

Which is the maximum you can request to have withdrawn before fee's... So, if you have an account value of $10,000, the maximum you could request out per day is $185.

I won't get into the unit growth/expiration parts... You said keep it simple...

4D

I'm sure, at this point, Taxman will jump in and say "No. It's more like $1.89, since we have fees, etc." I'll leave that to him. Gotta let him play with his toys, afterall.

Arcturus