7. Reinvest your profits. - Deepstash
7. Reinvest your profits.

7. Reinvest your profits.

Look broadly for investment opportunities and reinvest like you have a single lifetime “punch card” with only 20 punches—make each one count. Even a small investment can generate great wealth if you are diligent enough to favor substance over form.

“I try to buy stock in businesses that are so wonderful that an idiot can run them. Because, sooner or later, one will.”

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CURATED FROM

IDEAS CURATED BY

haviland

Stasher, Learner, Civil Engineer, Oil & Gas Professional, Green Tech Researcher.

The idea is part of this collection:

How to Start Investing Today

Learn more about moneyandinvestments with this collection

How to manage risk

How to analyze investment opportunities

The importance of long-term planning

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