RE: Compound interest and what I learned from Warren Buffett/eng-spn
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I love the idea of compounding interest, but the process just takes so long. Even after being in the market for 20 years I feel like I should be making more per year than I am. It's not that I am not making a decent amount each year, but I keep waiting for these face melting returns to start coming in and it hasn't happened yet. I just want that "terminal velocity" point to finally arrive.
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I understand what you're saying, 20 years is too long. That takes a lot of patience.
Hopefully it will all pay off, but I really thought by now I would be seeing like six figure gains each year.