Sep 8, 2022
FIEGI (Finances, Investments, and Extremely Good Insight) Report – September 8, 2022
Written By: Ryan Fiegi
Happy September everyone! Let’s keep the knowledge and insight flowing. You’re in luck, we’ve got 2 articles this week. Both will make you smarter. Enjoy:
- The Difference Between a Forecast A Wish and A Worry (3-min read)
- What Drives Investment Returns – Start with Ingenuity (3-min read)
Conclusion: “Civilization is a history of innovation—curious minds seeking to improve upon existing ways of meeting mankind’s wants and needs. Public securities markets are just one example of such creativity, and they have a history of rewarding investors for the capital they supply to fund such innovation. But a significant fraction of the wealth created in public equity markets typically comes from only a small number of firms; therefore, we believe owning a broad universe of stocks is the most effective way to participate in the rewards of ingenuity and innovation, wherever and whenever it takes place.”
Monthly Quote:
“All the greatest gains in life – in wealth, relationships, or knowledge – come from the magic of compounding interest – amplifying small steady gains. All you need for abundance is to keep adding 1% more than you subtract on a regular basis.”
-Kevin Kelly (Author/Artist – https://kk.org/#about)