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Buy What You’ll Never Sell: A Timeless Investment Philosophy For Building Wealth
A low-risk all-weather method to improve on results
The investing game takes time to master. Like any game, it has its own rules but people apply them differently based on their goals.
I don’t invest in individual stocks at the moment — I don’t have the patience and the psychological resilience to make the most of it.
I tried it last year, and it didn’t end well. Plus, the stress of checking how the stocks are performing daily was a total waste of my mental energy.
I intend to invest for a long time, so I’m sticking to a strategy that works for me without micro-management.
Early this year, I decided to get back to what I’ve always learned is the best way to build wealth over a long period — index funds. Today, every stock I own is a low-cost index fund.
The individual stock experiment didn’t work out. But I will tell you what else I’ve been doing for my investment account for the last 3 years — hold on to my Vanguard index fund account.
The good news is, I’ve made a 49% (so far) return on my initial investment at Vanguard over the last 3 years. It still blows my mind when I look at that account. How is that possible. How…
