TIME - an Investor's BEST Friend!
Updated: Oct 14, 2020
MOST of Warren Buffet's fortune was made AFTER his 65th birthday - $81.5 BILLION to be exact. That's right, of his $84.5 BILLION dollar fortune, $81.5 of it came AFTER 55 years in the game.
Now, Warren has been investing since he was 10. I cannot tell you how envious of him I am that he started then, knowing the things I've learned now. I would be retired had I started at 10. We all would be.
That's the thing, you just need to learn. This isn't top secret James Bond information, it is out there readily available info for you to spend a little time learning, to grant you an easier life.
Warren didn't do anything fancy or incredible, he just bought GOOD companies (the term is "blue-chip, ex. IBM, Coca Cola, Pepsi, McDonald's, Disney, etc) and held them for a VERY long time. That's it. No magic. Just time.
And you can do it too.
Start now, put away whatever you can into blue-chip stocks, and let the growth COMPOUND on itself. Meaning, 2 becomes 4, which becomes 8, which becomes, 16, then 32, then 64...and well you get the idea. Not to mention, DIVIDENDS - a share of the profits given to shareholders - you - for every share they own. Let's say you own 100 shares of ABC company, and they pay $1 per share in dividends, well you have $100 coming your way just for being an owner.
I want to encourage all of you to do your own research, learn, and PROFIT from your knowledge.