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Starting early and sticking to your thing

Barry Goss šŸ»
3 min readSep 11, 2019

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A fascinating factoid about the power of compounded investment returns.

Hereā€™s an eye-opener:

A few years ago, Warren Buffettā€™s net worth was calculated at $81 Billion; however, around $78 billion if didnā€™t come until sometime in his mid-60's.

The reason I share that little factoid today is because former Motley Fool columnist Morgan Housel brings up a very salient point:

ā€œBuffettā€™s fortune isnā€™t due to just being a good investor, but being a good investor since he was literally a child.ā€

Itā€™s useful top-of-mind insight to have IF you also have a desire to INCREASE (or keep increasing) your own net-worth.

Without a large chunk of Time on your side, youā€™re kinda sheeit outta luckā€¦ unlessā€¦

Unless, that is, youā€™re either A) willing to set aside enough money to percolate safely over whatever amount of Time you statistically have left (this is the safest way) or B) willing to learn the art & science of being a prudent speculator; which is to sayā€¦ to generate cash-flow in more esoteric ways, as you simultaneously multiply it in moreā€¦

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Barry Goss šŸ»
Barry Goss šŸ»

Written by Barry Goss šŸ»

aka, The Bear. Here I pass along off-the-cuff thoughts (some by others) about topics that fall under HEALTH, WEALTH, SELF. Message Me: www.barrygoss.com

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