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.
Not exact matches
You may have a
wonderful business idea that you have perfected, but it won't
mean much if you don't have the funding in place to not only make your
business happen, but allow it to succeed.
Perhaps the best performance Adam Sandler has ever delivered (sorry, Sandy Wexler), Paul Thomas Anderson «s strange and
wonderful Punch - Drunk Love follows a lonely small -
business owner dominated by seven alpha sisters looking for
meaning in his life.
I believe a strategy of living far below one's
means and investing that excess capital in
wonderful businesses that have a history of sharing increasing profits with shareholders in the form of increasing dividends is a great way to replace one's traditional job income with a more passive source of income, thereby allowing the freedom necessary to pursue life as one sees fit.