Make consistent contributions to your investments from "summary" of The Simple Path to Wealth by Jl Collins
Consistency is the key to building wealth through investing. By making regular contributions to your investments, you are harnessing the power of compound interest to grow your money over time. This means that even small, consistent investments can add up to significant wealth in the long run. When you make consistent contributions to your investments, you are taking advantage of dollar-cost averaging. This strategy involves investing a fixed amount of money at regular intervals, regardless of market fluctuations. By doing this, you are able to buy more shares when prices are low and fewer shares when prices are high, ultimately reducing the overall cost of your investments. Consistency also hel...
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