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 compounding 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)
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