SOL 1.56% $34.48 washington h soul pattinson & company limited

Ann: Becoming a substantial holder for RFG, page-11

  1. 5,344 Posts.
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    ignore the noises, do the maths and stop the urges to do something, you interrupting your compounding process unnecessarily and that destroyed your long term wealth building.

    stock like these you better top up during correction and crisis and never sell out even when you think it reach elevated level, let compounding smooth out the journey and you never paid a cent in Tax but collect increasing dividend.

    I done the maths, holding the right business long term will ALWAYS beats someone who sell in and out even if they manage to get the timing right.

    human behaviour and finance do strange thing to you when you get into this jump in and out business and that will destroyed your wealth, master the art of patience and you will be rewarded
    Last edited by ROEROC: 18/11/20
 
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