You are viewing a single comment's thread from:

RE: Crypto Kingz | Steemit - Cash Out Step by Step Tutorial 🤑

in #steemit7 years ago (edited)

it is a nice strategy, however the best one is to stack and use the power of Warren Buffet compound % increase!
check it "The per-share change in Berkshire's book value per share is an annualized gain of 19%. But the same, like I was saying, the market value of its actual shares is 20.8%. So a 1.8% difference. Over that stretch of time period, that transforms that 2 million percent return all the way down to 884,000% return. So just, on a yearly basis, even though it's less than a 2% difference, over the stretch of that 52-year time period, you're looking at a 1.1 million percentage difference. The point is, compounding returns is something that you want to grasp onto as an investor and take advantage of to the greatest extent that you can." https://www.fool.com/investing/2017/03/13/a-lesson-about-compound-returns-from-warren-buffet.aspx full story!

Coin Marketplace

STEEM 0.21
TRX 0.25
JST 0.038
BTC 95472.56
ETH 3354.78
USDT 1.00
SBD 3.13