{"id":1220,"date":"2019-10-28T18:54:37","date_gmt":"2019-10-28T18:54:37","guid":{"rendered":"https:\/\/www.keystonefinancial.com\/?p=1220"},"modified":"2020-11-13T11:26:57","modified_gmt":"2020-11-13T11:26:57","slug":"compounding-wealth-and-wisdom","status":"publish","type":"oi_article","link":"https:\/\/www.keystonefinancial.com\/articles\/compounding-wealth-and-wisdom","title":{"rendered":"Compounding Wealth (and Wisdom)"},"content":{"rendered":"\n
Jazz legend Miles Davis said it well when it comes to music and investing: \u201cTime isn\u2019t the main thing. It\u2019s the only thing.\u201d Time is central, whether in growing wealth or accumulating wisdom. No single strategy works forever, but you also don\u2019t want to change your approach every time the markets shift slightly. <\/p>\n\n\n\n
How does investing work \u2013 not just for a season or a year or two, but for a lifetime? <\/p>\n\n\n\n
Time is a major factor when it comes to successful investing. Compound interest \u2013 the ability to earn money on your earned money \u2013 is a very powerful concept when accumulating value. <\/p>\n\n\n\n