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Markets · Investing · Business
Finance
History Says This 1 Habit Separates the Wealthiest Investors From Everyone Else
A few simple good behaviors can put you on the path to long-term wealth.
There's often a misconception that to be a successful investor, you need a deep understanding of the financial markets and the ability to research stocks and other investments effectively. In reality, just a few simple behaviors that anyone can do could get you 90% of the way there.
If you invest in a simple, low-cost index fund, such as the Vanguard S&P 500 ETF(NYSEMKT: VOO) and add to your position consistently on a monthly basis, you'd be amazed to see that even that simple strategy can grow your money to $1 million or more over time.
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That's the power of long-term compounding growth that can be captured with a little patience and discipline.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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