The Magic of Compounding: How to Build Wealth Over Time

Compounding returns is where the real magic of investing happens. The dividends you receive get reinvested back into your investments. Then you earn returns on those returns. Over decades that builds into something extraordinary. Charlie Munger from Berkshire Hathaway said it best. Never interrupt compounding returns. Start as early as possible. Invest consistently whether that is inside super or outside of it. Do it boringly over decades. That is how financial independence is built. It is not all about saving for the future either. Get the balance right. Look after your future self but enjoy the present too. General Advice Only. Robert Goudie is an Authorised Representative (No. 235974) of Consortium Private Wealth Pty (AFS Licence 495401).

Disclaimer || The information provided in this post is general in nature only and does not constitute personal financial advice. Robert Goudie is an Authorised Representative (No. 235974) of AFSL 495401.