Comments on: The Beauty of Long-term Vision https://fourpillarfreedom.com/the-beauty-of-long-term-vision/ Sharing insights on how to grow wealth and gain freedom. Mon, 21 Oct 2019 20:29:03 +0000 hourly 1 https://wordpress.org/?v=6.6.1 By: Zach @ Four Pillar Freedom https://fourpillarfreedom.com/the-beauty-of-long-term-vision/#comment-3117 Fri, 23 Feb 2018 13:57:01 +0000 https://fourpillarfreedom.com/?p=28662#comment-3117 In reply to Matt Spillar @ Spills Spot.

Thanks, Matt! Great point about long-term views with purchasing as well.

]]> By: Zach @ Four Pillar Freedom https://fourpillarfreedom.com/the-beauty-of-long-term-vision/#comment-3116 Fri, 23 Feb 2018 13:56:30 +0000 https://fourpillarfreedom.com/?p=28662#comment-3116 In reply to Aaron.

Thanks, Aaron! I am actually writing a post on SRR right now, which I plan on publishing tomorrow. Hopefully that will answer any questions you have 🙂

]]> By: Zach @ Four Pillar Freedom https://fourpillarfreedom.com/the-beauty-of-long-term-vision/#comment-3115 Fri, 23 Feb 2018 13:55:32 +0000 https://fourpillarfreedom.com/?p=28662#comment-3115 In reply to Joe.

Couldn’t agree more, Joe!

]]> By: Zach @ Four Pillar Freedom https://fourpillarfreedom.com/the-beauty-of-long-term-vision/#comment-3114 Fri, 23 Feb 2018 13:55:09 +0000 https://fourpillarfreedom.com/?p=28662#comment-3114 In reply to SMM.

I have dabbled in individual stock picking in the past as well, but for the most part I’m an index investor now. Thanks for the kind words 🙂

]]> By: Matt Spillar @ Spills Spot https://fourpillarfreedom.com/the-beauty-of-long-term-vision/#comment-3097 Wed, 21 Feb 2018 19:08:40 +0000 https://fourpillarfreedom.com/?p=28662#comment-3097 Longterm vision is so important, and something that many millennials seem to struggle with. Investing is the best example, but there are other examples such as saving money, and choosing what to spend money on. Will this purchase positively impact the longterm or is it something we’ll quickly forget about?

]]> By: Aaron https://fourpillarfreedom.com/the-beauty-of-long-term-vision/#comment-3092 Tue, 20 Feb 2018 21:20:11 +0000 https://fourpillarfreedom.com/?p=28662#comment-3092 Solid writing and excellent visualisations, as per usual.

Do you have any thoughts on the long-term vision of Sequence of Risk Returns (SRR) particularly as it relates to those who have recently gone FIRE or are trying to decide when to FIRE?

]]> By: Joe https://fourpillarfreedom.com/the-beauty-of-long-term-vision/#comment-3091 Tue, 20 Feb 2018 19:20:13 +0000 https://fourpillarfreedom.com/?p=28662#comment-3091 That Warren Buffett chart is amazing! That’s why he’s one of the richest people on the planet.
Investing for the long term is the easiest way for regular investors. We can focus on saving more and don’t have to worry about how the stock market is doing. We only really need to worry when we’re ready to retire. That’s when we need to be more conservative.

]]> By: SMM https://fourpillarfreedom.com/the-beauty-of-long-term-vision/#comment-3090 Tue, 20 Feb 2018 14:45:08 +0000 https://fourpillarfreedom.com/?p=28662#comment-3090 Someone said to me yesterday that buying and selling individual stocks is more fun. I thought to myself, I’d rather have fun watching my investment grow over a long period of time through a low-cost fund that continuously follows what individual companies are doing. I wish I could refer them to this post.

I’ve followed stocks in the past; it’s just more time and energy consuming. And you’re right transaction costs creep up and there’s that psychological thing where you may continue to follow a company even after you sell it.

Great charts by the way; the market has definitely performed well in the majority of its years.

]]>