I asked my grandpa how he learned about investing back in his day. He told me a story shared by a lecturer in his school days, and it’s still so true today: ‘Time in the market beats timing the market.’ Here’s the story:
Two farmers planted apple trees.
The first farmer checked his tree every day, worrying and trimming it constantly. He even uprooted it a few times, thinking the soil wasn’t good enough. The second farmer just watered his tree regularly and let time take care of the rest.
Years later, the second farmer’s tree was tall and full of fruit, while the first farmer’s constant meddling left him with a stunted tree and no apples.
Just loved how simple and clear this story is. Wanted to share it here!
I asked my grandpa about investing too. He told me a similar story but with a twist:
Two farmers planted apple trees.
The first farmer checked his tree every day, trimming it and making adjustments. The second farmer watered his tree but didn’t pay attention to the soil.
Years later, the second farmer’s tree died because the soil was bad. The first farmer’s tree, thanks to care and adjustments, grew strong and full of fruit.
@Lennon
So, my grandpa says the key to investing is ‘re-timing the market beats time in the market,’ which feels like a mind-bending paradox but hey, that’s grandpa wisdom for you.
Archer said:
If I’d just held onto my 100 TSLA shares from 2013, I’d have $770K now. And my 10 NVDA shares from 2021? They’d be worth $70K. Learn from my mistakes!
Tried this with $ME… still waiting for my riches to roll in. LOL!
Archer said:
If I’d just held onto my 100 TSLA shares from 2013, I’d have $770K now. And my 10 NVDA shares from 2021? They’d be worth $70K. Learn from my mistakes!
Imagine if you’d bought $7K of NVDA in 2013 and just left it alone. No mistakes to learn from!
I get the message, but honestly, the story makes no sense if you know anything about growing trees. That second farmer got super lucky with perfect soil, or it’s just a metaphor for blind luck.