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I know that MJ mentioned compound interest investing is the scam while you working in slowlane. Investing $100 a week isn't gonna make you rich.
But I have a question for someone who is still on slow-lane. He has invested $1000 in ETF and gain tiny amount of dividends which is like around $20 quarterly. And, he doesn't invest monthly basis (i.e. compound interest).
Do you think he should sell his ETF shares when his stocks go-up like 10%? Or Do you think he should still hold his ETF?
If he saves money in his bank, he will get very low interest rates monthly.
But I have a question for someone who is still on slow-lane. He has invested $1000 in ETF and gain tiny amount of dividends which is like around $20 quarterly. And, he doesn't invest monthly basis (i.e. compound interest).
Do you think he should sell his ETF shares when his stocks go-up like 10%? Or Do you think he should still hold his ETF?
If he saves money in his bank, he will get very low interest rates monthly.
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