Three Quotes All Long-Term Investors Should Keep In Mind

Jonathan Hobbs

3 months ago4:44 mins

Three Quotes All Long-Term Investors Should Keep In Mind

In uncertain times, it can be tough to keep your eye on the horizon and stay true to your long-term investment goals. For some people, a little mantra or some words of wisdom can help. If you’re not up for writing your own, borrow one of my favorites. Here are three of them…

“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” – Albert Einstein.

Steadily growing your investment returns, year after year, can give a massive boost to your personal balance sheet over time. If you start with $1,000 and grow that by 10% in a year, for example, you’ll have $1,100 – a $100 increase in the value of your investment. But if you then earn 10% the next year on that $1,100, your investment grows by $110. That extra $10 might not seem like

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