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RE: Shelves of Compounding Green

in LeoFinance3 years ago

Successful strategy

I think your right about your shelf analogy. Buying and holding is good, but buying stuff to hold that also grows is better. When I first started investing it was tech stocks with the chance to 10x or 100x, always promising the moon. Then I discovered dividend paying stocks and I was no longer hoping for companies which weren't making any money to catch a rocketship to the moon, I was making money every quarter on stocks and using the dividends to buy more of the same stock, because why not? So my stack grew and my dividends grew...

I had a similar experience in crypto, started buying potential moonshots and one day I discovered Steemit, and Steem, and the lightbulb went on in my head...this was like a dividend stock, pays me every week and I could plow the dividends back into buying more ! Because why not?

The rest is just doing the work, posting every day, and reading others posts to learn and get encouragement.

I know they say engagement is for the author, but I think it is a two way street. I often comment because a post taught me something or it gave me reinforcement that what I thinking is correct or at least someone else thinks the same as me so I am not wrong alone..LOL :)

No one wants to be wrong by themselves right? LOL

Anyway thanks for reinforcing my belief that this is a great tool for moving from "Have to work" to working because "I enjoy my work"

Happy is the man who has found his purpose in his work, for him work is not a grind but a passion and a joy.

I am not sure who said that, but want to give them anonymous credit some how.

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