“Long-term investment success is ultimately determined by the ability to ignore external ‘noises’ and concentrate on the issue of buying good businesses.”
~ Michael Lee-Chin
Do you drink your coffee at home?
“I keep seeing this idea that to retire wealthy you need to drink your coffee at home. In other words, if you have a $5 a day coffee habit, instead of buying the fancy gourmet triple lattes with cinnamon, you brew your own coffee at home at a fraction of the cost. Then you take that money that you save on coffee and invest it, and you could be on your way to riches. By investing just $150 a month and getting an 8% return, over 40 years you accumulate more than half a million bucks.”
Smart Money_ Do you drink your coffee at home_ – Alaska Highway News
Posted in All Columns, Investment Management, Money Management