ISN’T THE PSYCHOLOGY AND MATH OF MONEY AMAZING? IF WE HAVE A SINGLE SHARE OF A $5 STOCK AND THE PRICE RISES TO $10 (ie a 100% increase, or doubling your money), TO MOST OF US, THIS IS NOT A LIFE-CHANGING AMOUNT OF MONEY. HOWEVER, IF WE HAVE 10,000 SHARES OF THAT SAME $5 STOCK, AND THE STOCK PRICE DOUBLES, NOW OUR INVESTMENT OF $50,000 HAS DOUBLE TO $100,000. TO ALMOST ALL OF US, THIS WOULD BE A LIFE-CHANGING AMOUNT OF MONEY. THE SAME STOCK, SAME STOCK PRICE, SAME STOCK PRICE INCREASE, BUT DRAMATICALLY DIFFERENT IMPACT ON ONE’S LIFE, ALL DUE TO TO THE INITIAL, OR CUMULATIVE, TOTAL DOLLAR AMOUNT INVESTED.

The lesson seems to be that our earliest work to earn money, our earliest attempts to reduce debt and taxes, and our earliest buying and holding of quality investments, are by far the most important effects for our long-term financial wealth.

Charles Tadros, M.D.

September 19, 2021

Saint Louis, Missouri

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