So, what is your greatest wealth building asset? Everyone is born with it. Few realize its importance until they lose most of it. The asset is so valuable it can't be bought. Your most valuable wealth building asset is ...

 

Submitted: Jul 25, 2008    Views: 122    Comments: 2    Likes: 2   


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Good article. Reminds me of investors who bought stock just before the 1929 crash. Then, it seemed like a catastrophe but if they held on, they would be wealthy now. Assuming they had the time to hold on.

Posted: Jul 25, 2008

Time is just an extra dimension to accumulate wealth but it in and of itself does no good. Plus, you could have owned stock in TWA or Enron and no amount of time would have helped.

Posted: Jul 25, 2008

Author/Submitter Response:

Hi Sam: You hit on one of the messages of the article. If you invest long enough you WILL own TWA/Enron type stock (I have). With time, your portfolio will recover. It is all part of investing.

D4L



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