We were looking at the length of terms for various investments and somewhat surprisingly (or at least to me it was), shares are generally considered to be long term investments- i.e. held for 10 years or more.
Why? Because you have to weather out the highs and the lows. The recessions and the booms. Because much like life, there will be the highs and the lows, it's just keeping the faith (whilst also doing annual reviews of what's working and what's not!).
But you can reap tremendous rewards. It's all about reinvesting and keeping the good work going than withdrawing if you can. For example if you invested £30,000 for ten years and the market increases by 15% on average you will have £121,366 by year ten, if you do better by 10% you would have £279,397! The magic of compounding interest.
So the vibrational/non mathematical lesson is to just keep on reinvesting in your wellbeing and keep at it! Over the years you would barely begin to recognise yourself and how far you've come. And boom you could be a thousand-aire!!!
Happy faith-ing!!!
Lots of love, Nick Xxx
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AuthorHi guys! I'm so excited to be able to document my musings and reflections on life. Hopefully you can be inspired and uplifted! Lots of love, Nick Xxx CategoriesArchives
April 2020
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