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Food for thought on "Wealth Creation"
#5
(01-24-2021, 09:46 AM)rayray Wrote: fenders...correct! although the "start young" part is too late for us lol

some quotes by various people have also been beneficial

it's not a stock market it's a market of stocks

only two rules of investing

1) don't lose money
2) don't forget rule number one
Buffet's quote isn't particularly useful without further explanation.  It's arguably why he has underperformed the indexes for a couple decades.  

I find value in Chuck's quote as it pertains to fundamental valuation.  

I saw the charts that showed the high cost of waiting to begin investing.  Compounding is the most important rule of investing.  You can underperform forever and still do fine in the end.
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Messages In This Thread
Food for thought on "Wealth Creation" - by rayray - 01-23-2021, 01:12 PM
RE: Food for thought on "Wealth Creation" - by fenders53 - 01-24-2021, 10:54 PM



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