TWJ84
2022-04-26

Warren said no one wants to get rich slowly. I think this is one of the hardest things to do. The amount of discipline and conviction that goes into this is immense. There's a huge amount of emotion you need to control as well. This is probably an increasing rare trait to possess since instant gratification almost seems like second nature nowadays. 

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Comments

  • highhand
    2022-04-26
    highhand

    That's right. 

    Need to invest and go throught a few cycles of up and downs.  

    When you have reached a cycle of down (correction or bear market) and find your stock portfolio is still up, you have reached the next level of calmness in investing. You will also probably realise the true value of buying the dip. 

    In the meantime, Hold on to your Potatoes! 

    @TigerStars  

    • Huanrong
      like
    • Dbw
      like
    • knr
      Good
    • LUOLi
      现在大跌算是探底了吗
    • NevermindQ
      So true, just looking at portfolio of index funds and that steadily profitable)
  • RDPD富爸穷爸
    2022-04-26
    RDPD富爸穷爸
    Another approach is we build our wealth for our next generation and educate them to be financial literate. I wish my parents taught me these values when I'm young
  • ed62
    2022-04-26
    ed62
    when u are young is ok to get rich slowly. got many chances to fail and come back.
    after a certain age. cannot slowly anymore... just my 2 cts
  • ___ _
    2022-04-26
    ___ _
    the fear of not able to live that long is very real [Sad]
  • Stormytw
    2022-04-26
    Stormytw
    yesss all the meme stock investors are learning this the hard way
  • Palludian
    2022-04-26
    Palludian
    believe in buffet
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