The Blog
My Simple 4-Fund Strategy – A Shift In My Investing Stratagy
One of my all-time favorite quotes is:
“Your rate of return is less important than not getting wiped out”
-Charlie Munger
This is a powerful statement that underscores the value of letting time work for you vs trying to get rich quick. Every time you get wiped out you are reset to $0 (or worse) and the clock is reset for your investment progress.
The real key to successful investing is minimizing your losses. Even a modest rate of return adds up to a significant amount of profit when compounded over a period of time.
My Simple 3-Fund Strategy – The perfect strategy to weather all market conditions and not get wiped out.
One of my all-time favorite quotes is:
“Your rate of return is less important than not getting wiped out”
-Charlie Munger
This is a powerful statement that underscores the value of letting time work for you vs trying to get rich quick. Every time you get wiped out you are reset to $0 (or worse) and the clock is reset for your investment progress.
The real key to successful investing is minimizing your losses. Even a modest rate of return adds up to a significant amount of profit when compounded over a period of time.