Business Executives and Private Company owners do you know that you may be missing out on growth potential while allowing your cash reserves to sit in a stagnant Bank Account? Let me show you “How Warren Buffett Grows Cash! This investing tactic is so incredible the growth rates will always out pace any bank account and their stagnant interest rates.
Warren Buffett has shared he has used Dollar Cost Averaging as a investing tactic. Reinvesting cash profits from Dividends and also other passive income profits or quarterly checks back into a index funds. He does this instead of allowing the cash profits to be stagnant in a Bank Account. Which is compounding GENIUS!
“Dollar Cost Averaging”
According to Investopedia’s Website Description: “Dollar-cost averaging is the practice of systematically investing equal amounts of money at regular intervals, regardless of the price of a security.”
The above video reflects “How to do the Math of Dollar Cost Averaging.” The Benefits and advantages of Dollar Cost Averaging your way over time into a Index Fund far outweigh trying to time the market. It’s a fantastic way to invest. And I had to share this Investing Tactic.
I hope you found good value from this Wednesday Post. I am seeing the market continue to cause chaos on WallStreet from the obvious market recession.
Godspeed.
JS
THIS IS NOT INVESTMENT ADVICE. ONLY HIGHLIGHTING A FAMOUS INVESTOR AND HIS TACTICS FOR OUTSIZED GROWTH. THIS SHOULD NOT BE INTERPRETED AS PROFESSIONAL INVESTING ADVICE. YOUR PERSONAL INVESTMENT ADVISOR OR FINANCIAL ADVISOR PROFESSIONAL IS ONLY ABLE TO OFFER INVESTMENT ADVICE. Thank you.