Jayson Lowe says interruption, not market swings, kills compounding. Most people break it by selling when panicked or because they lack liquid reserves. Leave your dividend reinvestment alone and the growth becomes extraordinary.
Chapters
What is the greatest enemy of compounding? Interference. It's not taxes, inflation, or stock market volatility. It's interruption. You know how many shares of stock in my dividend reinvestment program I've sold? I do nothing to interfere with compounding, and I understand that the share price is not the business and the business is not the share price. The share price is the value of the story of that business at any given moment in time. That's it. And why do people constantly interrupt compounding? Because they need ready access to capital and they don't have the reserves, or they panic emotionally. And again, I'm just living proof, like the longer that capital remains uninterrupted, believe me, the outcome gets even more extraordinary and it becomes massive, massive. Want to find out more about how you can become your own banker? Click the link below or head over to learnwithjay.com. That's learnwithjay.com.