They don't realize compounding works both ways. It makes you rich when you're investing and it makes you poor when you're spending. I know people don't want to hear it. When you're young, you're invincible.
More Quotes from Mari Adam:
It's not too exciting, plain vanilla, with good companies, good financial qualities. That gives you a core.Mari Adam
The key is you don't want to pick something too wacky, like a sector fund, or something too aggressive.
Mari Adam
Think about where you want to be in a year or two, then plot out the steps you need to take to get there.
Mari Adam
If your mind is clear as to what you are trying to do, if you can say what you want out of life and make your money move in that direction, you will be happy.
Mari Adam
The bright side is you're getting good companies at a fraction of the cost.
Mari Adam
The trick is staying in the game. If you opt out, you lose.
Mari Adam
Readers Who Like This Quotation Also Like:
Based on Topics: People Quotes, Youth QuotesBased on Keywords: compounding
I owe a lot to my parents, especially by mother and my father.
Greg Norman
To make a movie is very grueling at times. Long, long hours and cold weather.
Sanaa Lathan
In the rainy season, sometimes to get to the first lesson we had to run really quick, because we had to cross the river to school and we'd have to go up and down the bank to find a place to cross because there is no bridge.
Haile Gebrselassie