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One of the best ways to unlock the power of compound interest in your investing is…👇🏼 ⠀⠀⠀⠀⠀⠀⠀⠀⠀ To combine the growth of the market and reinvest your dividends along the way ⠀⠀⠀⠀⠀⠀⠀⠀⠀ This is what’s called a “total return” approach and is one of the most solid long term ways to build your wealth from scratch ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Dividend reinvesting is simply taking the cash you receive from dividends to buy more shares of investments in your portfolio ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Even though your portfolio (and dividends) may start of small… ⠀⠀⠀⠀⠀⠀⠀⠀⠀ With enough consistency, over time, you’ll start to see a “snowball effect” in the value of your investments ⠀⠀⠀⠀⠀⠀⠀⠀⠀ If you think about it, it’s really simple ⠀⠀⠀⠀⠀⠀⠀⠀⠀ As you buy more shares, the more you start to receive in dividends ⠀⠀⠀⠀⠀⠀⠀⠀⠀ And the more you receive in dividends, the more shares you can continue to buy, which will pay you even more in dividends and so on ⠀⠀⠀⠀⠀⠀⠀⠀⠀ It’s important to note that the strategy doesn’t only rely on dividends ⠀...
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