It is the simple things that are the most difficult. Saving HBD10 per month for 20 or more years is simple. The difficult part is sticking to it!
The rationale for regular savings is what made life insurance companies the biggest asset owners globally. It starts small but then snowballs into the big numbers you mention @taskmaster4450le.
The important consideration for us savers will be the viability of the 20% return on HBD over the next however many years!
Buffet started off by buying undervalued companies and rock bottom prices. Once had too much money under management he had to change that approach by making his own opportunities, i.e. buying "off-market" and benefitting from incentives provided by the companies in invested in.
Will HBD ever be in that position, I wonder? And if so, what will actions will we then take?
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