I changed my retirement strategy after reading 'Millionaire Teacher' - Business Insider

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'I'd been so zoomed in on the steep climbs and precipitous drops of the market that I'd failed to notice its steady upward trend and what it had to offer young investors like me'

for me. But it was two simple lines in Chapter 2 that lit a fire under my butt then, and continue to inform my investment strategy even now.has generated returns exceeding 9% annually. This includes the crashes of 1929, 1973-1974, 1987, and 2008-2009."

I didn't want to look stupid by picking the wrong stocks, so I instead picked no stocks at all, comforted by the knowledge that I couldn't lose money I hadn't invested.lose money but activelylosing it. I was leaving it on the table. For every day that my money remained out of the market, I was missing out on a rate of return that I couldn't find anywhere else — and that had to change.

 

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