Winter 2024 Newsletter: Harness the Power of Time
It has been said that “one of the most important variables for how you’ll do as an investor is how long you can stay invested.” As we look ahead to another year, don’t overlook the profound impact of compounding — and time — on investing success.
According to statistics, the U.S. is home to around 750 billionaires. Yet, one fund manager believes this number should be higher. Why? If $72,000 had been invested 100 years ago in the S&P 500 and left untouched, it would be worth over $1 billion today. What happened to all the could-have-been billionaires? In short, he suggests that investor behaviour disrupts the opportunity for compounded growth.
Click here to read the Winter 2024 Newsletter.