One way to think about this is that when…
One way to think about this is that when you lose a percentage of your money, you also lose any com-pounding growth that this lost money could have been earning for you in the future. As simple as it sounds, this can have a profound effect on investments.
— from The Flight Plan (Purpose/Wisdom/Risk) · Practical Uncertainty: Useful Ideas in Decision-Making, Risk, Randomness, and AI by Hossei
Also belongs to
- Expanding Your Range (Growth/Change/Education/Learning/Habit)
- Decisions & Choices (Decision/Choice/Focus/Forethought/Consequences)