Chapter 27. What Really Determines Your Long-term Investing Results?

At this point, you need to ask exactly how your long-term investing results are determined. To understand how mutual funds or any other alternative accomplishes wealth building, let's examine the underlying basis of all investing success. It really comes down to a simple notion.

The magic ultimately occurs because of compounding, truly one of the great benefits of modern financial society available to investors. The power of compounding over time ...

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