๐ Quiet Compounding: The Secret to Wealth ๐
Inspired by Morgan Housel, the founder of Collab Fund and the author of The Psychology of Money, embrace the power of "quiet compounding."
Focus on long-term goals, ignore the noise, and let your investments grow silently over time. It's not about quick wins but about steady, patient growth.
Take $Apple (AAPL.US)$ as an example.
If you had invested $1,000 in Apple stock in 2004 and held onto it, by 2024, your investment would be worth over $50,000, assuming reinvested dividends and stock splitsโ. This shows the power of long-term, consistent investing and the impressive results of quiet compounding.
#DYOR #NFA #LFG
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Rocket Capital : But how do you pick winners like $Apple (AAPL.US)$
Teh Tarik Invest OP Rocket Capital : To pick winners like $Apple (AAPL.US)$, focus on companies with strong fundamentals, visionary leadership, and a history of innovation.
Look for businesses that consistently deliver high returns on capital, dominate their market, and possess a robust competitive advantage.
Teh Tarik Invest OP Teh Tarik Invest OP : It's not just about the numbers; it's about finding firms that can redefine industries and sustain growth over the long term. Investing in quality and holding through market cycles often yields the best results.
Hope this helps, and best of luck on your journey to finding the next gem in the market!