As many of you saw, Procter & Gamble stock delivered nearly 9% returns on Friday, giving investors almost a year’s worth of returns in a single day. This performance provides a self-evident lesson on the importance of “time in” the market rather than “timing” the market. For those of you who are looking for the next blue-chip staple that stands fairly positioned for a similar increase in its price, you can access my analysis by becoming a subscriber to my work at Patreon here. … Read the rest of this article!
(1) The amount of money we invest.
(2) The growth rate of our investment.
(3) The amount of time we allow an investment to grow.
The higher we can get each of those three elements, the more we will have (note: I am not claiming that amassing the largest fortune should be your goal. It is all about utility. Warren Buffett used to joke that even a seemingly unassailable virtue like delayed gratification has its limits because, hey, you cannot save sex for old age. A $100,000 in the hands of a twenty-five year old could be much more valuable than $300,000 in … Read the rest of this article!