PROFIT
MARKERS
Here are
some interesting figures which are immutable and which
you may like to consider when deciding on any winning
target %.
If
you are trying to earn an approximate 20% return on
your overall investments,
you have to achieve one of the following:
Have a 55% strike rate
if your average winning dividend is no less than 2.20
Have
a 40% strike rate if your average winning dividend is
no less than 3.00
Have
a 33% strike rate if your average winning dividend is
no less than 3.60
Have
a 30% strike rate if your average winning dividend is
no less than 4.00
Have a 26% strike rate if your average winning dividend
is no less than 4.50
Have
a 24% strike rate if your average winning dividend is
no less than 5.00
Have
a 22% strike rate if your average winning dividend is
no less than 5.50
If
you are trying to earn an approximate 10% return on
your overall investments,
you have to achieve one of the following:
Have
a 50% strike rate if your average winning dividend is
no less than 2.20
Have
a 37% strike rate if your average winning dividend is
no less than 3.00
Have
a 30% strike rate if your average winning dividend is
no less than 3.60
Have
a 27% strike rate if your average winning dividend is
no less than 4.00
Have
a 24% strike rate if your average winning dividend is
no less than 4.50
Have
a 22% strike rate if your average winning dividend is
no less than 5.00
Have
a 20% strike rate if your average winning dividend is
no less than 5.50
If
you are trying to earn an approximate 5% return on your
overall investments,
you have to achieve one of the following:
Have
a 48% strike rate if your average winning dividend is
no less than 2.20
Have
a 35% strike rate if your average winning dividend is
no less than 3.00
Have
a 29% strike rate if your average winning dividend is
no less than 3.60
Have
a 26% strike rate if your average winning dividend is
no less than 4.00
Have
a 23% strike rate if your average winning dividend is
no less than 4.50
Have
a 21% strike rate if your average winning dividend is
no less than 5.00
Have
a 19% strike rate if your average winning dividend is
no less than 5.50
If
you are trying to earn an approximate 2% return on your
overall investments,
you have to achieve one of the following:
Have
a 46% strike rate if your average winning dividend is
no less than 2.20
Have
a 34% strike rate if your average winning dividend is
no less than 3.00
Have
a 28% strike rate if your average winning dividend is
no less than 3.60
Have
a 25% strike rate if your average winning dividend is
no less than 4.00
Have
a 22.5% strike rate if your average winning dividend
is no less than 4.50
Have
a 20.5% strike rate if your average winning dividend
is no less than 5.00
Have
a 18.5% strike rate if your average winning dividend
is no less than 5.50
I'm
sure you get the drift - the lower your expected rate
of return, the lower your winning strike rate needs
to be. This may explain why Australia's biggest punter
allegedly endeavours to return 1% a year on his investments.
He thereby reduces his required winning strike rate
and increases his chances of achieving it. It may also
explain why if you try to double your money every Saturday
why the strike rate is unachievable?
