06-09-2018, 08:29 AM
I've come to the conclusion, it's best not to talk investing with most people. Either they don't understand or they HATE dividend stocks for some reason, they tell you those type of stocks are for old retired people. And if you tell them your returns they'll tell you you'll never duplicate those returns yada yada yada.
To be honest, as an investor I'm happy with singles and doubles...sure I'll take a triple or a home run but if I look for that single or double I'm not disappointed.
Lately, when someone brings up investing...I tell them to read and understand compounding and continuous compounding, learn about those two terms and go from there as an investor.
That's my goal and top priority as an investor "Continuous Compounding"
After that, it's taxes and trading fees
To be honest, as an investor I'm happy with singles and doubles...sure I'll take a triple or a home run but if I look for that single or double I'm not disappointed.
Lately, when someone brings up investing...I tell them to read and understand compounding and continuous compounding, learn about those two terms and go from there as an investor.
That's my goal and top priority as an investor "Continuous Compounding"
After that, it's taxes and trading fees