Nothing is free

There will always be a price to pay when you want something. With most things in life, you will pay a monetary fee for the things you want or need. If you want returns from your investments, you will need to pay a psychological fee. You will need patience, perseverance, grit and determination to enjoy the fruits of your investments. 

The S&P500 delivered returns of 678% since 1996. When you look back at it you may think it was easy to make the returns, all you had to do was hold on to your investment. If you invested early 2000, you would’ve had to wait more than 13 years for your capital to return to it’s initial level. My patience has never been tested for 13 years, but I tip my cap to whoever held onto their investment for this long. The good news is that this person would’ve enjoyed an average return of over 20% each year.



If you invested just before covid hit in 2020, you would now have enjoyed returns of over 70%. The big kicker is that your fund would have lost more than 30% of it’s value in 4 months. You needed to stay extremely calm during this time because everyone thought that the world was going to end. 

Keeping it short and sweet, you need to understand that everything in life has a fee. It may be monetary or psychological, but courage, patience and perseverance always have a way of paying off over the long run.