7 charts every investor needs to see:
1. Staying invested in the market is the best way to make money.
1. Staying invested in the market is the best way to make money.
2. Not investing in an asset is the riskiest thing
3. Six of the seven best days in the market occurred just after the worst days, and just missing the 10 best days drastically reduced your returns.
4. "Compound interest is the eighth wonder of the world. He who understands it, earns it β¦ he who doesnβt β¦ pays it." Albert Einstein
5. A 50% loss requires a 100% gain to break even.
βThe first rule of investment is don't lose money, and the second rule is, don't forget the first rule.β β Warren Buffett
βThe first rule of investment is don't lose money, and the second rule is, don't forget the first rule.β β Warren Buffett
6. Home bias can be costly
7. There will always be smart-sounding reasons to sell.
Bonus chart: Fees matter
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