Sticking With it For The Long Haul

All good things in life come from compound interest

You may or may not have noticed, but the stock market isn’t having a great month.

Personally, I’ve lost thousands of dollars.

Well, let me amend that: I’ve lost thousands of dollars on paper. You only actually lose money when you sell.

The reason that I’m not panicking is because I know that I’m investing for the long haul. A bad month from the stock market means about as much as a bad play by my favorite player in the first inning of the first game of the year.

There’s still a long way to go.

Interestingly, I was reflecting this morning of how I’m not in it for the long haul in every area of my life.

I wrote a piece about getting ahead by buying and building assets, not liabilities, and I mentioned classic assets like stocks and real estate, but also new school assets like podcasts, YouTube channels, and websites.

You can read the piece here if you’re interested: