It is to my chagrin that I post here again in this thread. It seems obvious that people continue to miss the point.
Now i will grant you, that the best you are every going to do online is probably 3 to 4 table a 15/30 game, making the effective limit of your play 60/120. Now if you can manage 1 BB an hour average. That limits your online poker income to a daily maximum to 120 X the number of hours you are willing to play, say 4. 4 hours of staring at 4 poker screens is about what a body can take and stay focused.
So lets say your theoretically maximum daily win is 500 dollars a day, good poker play, normal variance, the whole bit.
OK, so you are smart, so you take half your winning go down to Edward D. Jones and invest triple A rated corporate bonds because you are a wimp, these bonds yield say 6%.
So now you poker game is yielding 250 day in income, 250 a day in savings. You pay your taxes of approximately say 125/day. So you have to find a way to live on about 850 dollars a week.
Within 5 years, you are set.
Will someone who has the software, please run the figures of 250 a day invested at an annual rate of 6% and what that would be after 5years. Please.
But all in all you are never going to get anywhere close to my above example unless you are a good steward of your bank roll at the lower limits. If you have 1000 dollars for instance, you patiently safely build that role so you can have more and more choices in the future, not piss and moan about how the example breaks down at some point, so the concept is not worth considering.
It is absolutley true that whatever bankroll you have, if you patiently build it , it can become a pile of money over time.
Soupie



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