Sentences with phrase «equity in wonderful businesses»
But I know that continuing to acquire equity in wonderful businesses means my snowball will roll downhill at ever faster rates, and when / if a correction does come, the passive income my portfolio throws off will buy even more new shares than before.
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My success simply hinges on my ability to find wonderful businesses and buy equity positions in these businesses at attractive prices relative to their intrinsic value.
Building a diversified portfolio full of high - quality dividend growth stocks allows you to have your cake via the equity in numerous wonderful businesses.