Invest consistently over time from "summary" of The Automatic Millionaire Workbook by David Bach
This concept is all about the power of consistently investing money over time. It may seem simple, but it is incredibly effective. By making regular contributions to your investments, you are taking advantage of compound interest. This means that not only are you earning interest on your initial investment, but you are also earning interest on the interest that has already been earned. Over time, this can lead to significant growth in your investment portfolio. Consistency is key when it comes to investing. By making regular contributions, you are able to dollar-cost average your investments. This means that you are buying more shares when prices are low and fewer shares when prices are high. This helps to smooth out the ups and...Similar Posts
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