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Let me teach you a little story about compound interest courtesy of my friend, the Chinese Bamboo Tree 
Sit back and enjoy
(thread)
Sit back and enjoy
(thread)
The Chinese Bamboo tree is a special tree
It’s not like any other tree in the world
It does something that other majority of other trees do not
Let me explain....
It’s not like any other tree in the world
It does something that other majority of other trees do not
Let me explain....
In the first year after tree is planted, there is no growth above the soil
Imagine your neighbor watering a tree for ONE FULL YEAR and it never sprouting... you’d think they are crazy
It gets better...
In year 2? No visible growth
Years 3 & 4? No visible growth either
Imagine your neighbor watering a tree for ONE FULL YEAR and it never sprouting... you’d think they are crazy
It gets better...
In year 2? No visible growth
Years 3 & 4? No visible growth either
So 4 years, and the tree has YET to grow above ground
But something CRAZY happens in year 5
...
In just 6 weeks, the Chinese Bamboo Tree grows 80 feet tall
But something CRAZY happens in year 5
...
In just 6 weeks, the Chinese Bamboo Tree
grows 80 feet tall
For 5 years did the tree really do nothing just to sprout up at year 5?
NO
During those beginning years, the tree was building a strong foundation to HOLD itself for what was to come in the future
THAT is the Chinese Bamboo Tree
NO
During those beginning years, the tree
was building a strong foundation to HOLD itself for what was to come in the futureTHAT is the Chinese Bamboo Tree
So what does this have to do with investing?
Well the Chinese Bamboo Tree is like compound interest
Compound interest is one of the most powerful things in the world
And not many people understand or USE it to their advantage
Well the Chinese Bamboo Tree
is like compound interest Compound interest is one of the most powerful things in the world
And not many people understand or USE it to their advantage
When you start investing, your first years will be slow!
Just like you thought your neighbor was crazy for watering a tree that hasn’t sprouted for 4 years...
When you start investing, people will call you crazy because “what’s $1 in dividends going to do?”
Just like you thought your neighbor was crazy for watering a tree that hasn’t sprouted for 4 years...
When you start investing, people will call you crazy because “what’s $1 in dividends going to do?
”
But you can’t listen to your friends or neighbors...
Just like the person with the Bamboo tree,
Keep watering your investments by contributing each month
Keep reinvesting those dividends
Keep having faith that your finances will be better tomorrow than today
Just like the person with the Bamboo tree
, Keep watering your investments by contributing each month
Keep reinvesting those dividends
Keep having faith that your finances will be better tomorrow than today
They don’t realize that you are building a solid foundation for your financial future
AND with due time, just like the Chinese Bamboo Tree, after many years, compound interest will be so powerful, that it will shoot up 80 feet in just 6 weeks
AND with due time, just like the Chinese Bamboo Tree
, after many years, compound interest will be so powerful, that it will shoot up 80 feet in just 6 weeks
So when your friends call you crazy for investing, just remember the Chinese Bamboo Tree
Patience will get you to where you want to be!
I hope this thread helped a ton with your mindset on long term investing!
Thanks for reading
@DecadeInvestor
Patience will get you to where you want to be!
I hope this thread helped a ton with your mindset on long term investing!
Thanks for reading
@DecadeInvestor
