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Here is your FREE tip for today - 19th July 2004.
Yesterdays Results
"Westmoreland Road" came 2nd, "Swan Nebula" (Lay of The Day) 5th !
Todays ramblings
Don't forget to visit the forum always plenty of tips and ideas there:
http://www.horseracingsystemsuk.com/forum/
I think that is the last of the "Almost Silly Bet" after a 5th place
on Friday!
I have found it difficult to find a lay bet for today, maybe it's to
early for the market!
I have been reading a really good book on investments called the
"The Motley Fool" guide, you can pick it up at Amazon or any good book
shop, they also have a website http://www.fool.co.uk
Anyway I was reading this part about compound interest (which any one
who is interested about making money should know about) and they had
this calculation where by you can workout roughly how long it will take
your money to double at different interest rates.
The calculation is 72/x% = years to double (this figure includes
reinvesting the interest earned)
So if you have an account that pays you 5% interest the calculation is
72/5 = 14.4 Years
Or 8%
72/8 = 9 Years
The calculation gets a bit dodgy if you put a figure of 15% or higher
in, but it evidently is still pretty accurate.
Now if you know anything about current interest rates or investment
growth you will understand that the best rate you are going to get
in a Building Society is around 3-4%.
I know there are probably better deals around, but for the purpose of
this email I think that 3-4% is a good enough guide.
So...
72/4 = 18
So if you lock your money away for 18 years which includes leaving the
interest locked away as well you will double your money over 18 years.
Now I know that the really astute investors are really happy if they
can make as much as 10%, which means they can double their money every
7.2 years usually by investing in stocks and shares which is the riskier
side to investing!
Anyway let me get to the point!
I would say that 10/15% growth on your investment is a pretty good target
so if we transformed this to horse racing then you would be looking to
doubling your bank between 4.8 and 7.2 years!
Puts it into perspective a bit doesn't it?
Most people who send me an email, want to double their bank at least once
a month!.
But really what most people are after is making a living or at least
enough profit for a holiday.
So say you are an investor and you want to make £1000 a year, at a
growth rate of 4% you will need about £25000 worth of savings, I wonder
how many people reading this email has a bank that big.
I think the point I am trying to make, is that although horse racing is
riskier and so deserves a higher rate of return, you should still look
at the situation more sensibly.
Understand that as with any investment it take time to build up a nest
egg and we could easily be talking years!
Have a good day's racing.
o The "Almost certain nap" (one day I will release the system!)
The "Almost certain nap" came up with:
20.05 Beverley, Where With All, Betting Forecast 5/2
http://www.laybetting.com/Betting-exchanges.htm
o Sponser of the day (please take a look you never no!)
For over 100 years bookmakers have profited by laying horses.
Now, thanks to the internet, you can to!"
And I'll Show you how it's done.
Discover the simple techniques that can generate you extra cash on an
almost daily basis.
http://www.horseracingsystemsuk.com/Easy_money.htm
o Other Bets
"Lay of the Day"
14.15 Ayr, Highest Return, Betfair 3.75
Please Note: In order to give all readers a lay of the day, the tip I
post here may not always adhere exactly to the actual system on sale.
You can purchase the system formula:
http://www.makeyourhorseracingpay.co.uk
Advantages of owning the system:
1) Pick more than one race a day
2) Bet on Saturdays and Sundays (no emails from me on these days)
3) Make a selection later in the day (normally more choices)
4) Password protected forum so you can talk to other owners.
If you own your own website you can makes some money by promoting the
"Lay Betting System"
http://www.laybettingsystem.co.uk/affiliate.htm
o Todays sponser tip
Turners Winning Ways
Race: 7.50 Wind
Tip1: Kschessinka Stake: 35
Tip2: Presto Shinko Stake: 15
Betting Exchanges
Please tell your friends about this daily tip and pass on my
URL
http://www.horseracingsystemsuk.com
Best of Luck
Malcolm |
