Quite a cliched statement which compares the growth of a child to one's investments.
Nevertheless...
The stages most forget are these....
_Just Born_ starting to invest
_Infant_ getting adjusted to the investing process
_Baby_ highly dependent & does nothing but eat (earn), sleep (doing nothing after investing) & play (enjoying the process of investing)
_Boy / Girl stage_ serious work & play starts as in serious accumulation of savings & investments
_Teens_ the *volatility* stage but we need to let the phase pass through. It will, eventually.
_Grown up Adult_ into the best phase of *compounding growth*. All that has been accumulated & stayed out throught the 20 to 25 year period starts to deliver the best results.
Don't we know these phases 🤔?
Yes, we all know and we've gone through them.
Then, why do we still keep getting panicked about every fall that an investment child is taking.
No worries.
_Invest_
_Keep track_
_Review_
_Let it grow_
No comments:
Post a Comment