02-08-2019, 11:35 AM
(02-08-2019, 11:20 AM)chascornell Wrote: Yea it shows the true power of DGI. He didn’t touch it and just let it sit and DRIP, I think he said it’s worth over 40k nowYes, it illustrates several points IMO.
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- Quality + extreme time in the market wins.
-And diversification to eliminate the luck factor. Your father was wise to hold the shares, but he could just as easily won shares in wonder stocks of the day like Polaroid or Winnebago. You only need a few winners in the mix with a 50 yr time horizon. The rest can all go bankrupt.