Two Biggest Investing Secrets That Will Change Your Life
Here’s something I wrote while working for a financial publishing company five years ago. And I’m sharing it here today because it’s proof that the information is both a.) timeless and b.) extremely simple, but wildly beneficial... No matter what the markets are doing short-term.
Note: I updated stock info to reflect blue chips for 2020 that offer dividends and have outperformed the market by about 9% year-to-date.
The Tortoise and the Hare
Childhood fables and tales as old as time reiterate some of these important themes of simplicity, steadfastness, due diligence, and patience vs. brash, outlandish, and fleeting over-zealousness.
Achieving your financial goals and easing into a comfortable retirement isn't a sprint. It's a lifelong marathon. And, as childhood taught us all so well, the slow but steady tortoise fares quite well at the expense of the wildly over-zealous hare in the end.
So do your best to stay calm and weather these bear market storms and seasons of unstable economic conditions knowing you're holding some tried and true company dividends in your portfolio. But heed the lesson of the hare — don't check out completely and miss prime opportunities to jump ahead...
