Category: dollar cost averaging

  • Day 50

    To yesterdays bringing me today. To todays creating tomorrows, officially marking the halfway mark in the 100-day challenge of love letter writing.

    My two MBA friends and I are exchanging messages on WhatsApp. A rarity with the difference of time, countries and lifestyles.

    To Alice who befriended and included me in her circle. So full of life and silliness, it is fun to be around her. With her, I felt as if I belonged. Showing me a life well lived with all her choices. Choosing her name. Choosing her husband. Wanting two kids and getting after it. Getting a job when she needed it. Buying a house for her parents right next door, and having strong enough boundaries and love to foster the love and care.

    To Janet who I was lucky enough to be in the same section. I will always remember her for volunteering to represent our section in the pie eating contest. Not caring she’s a girl and not caring to be looking feminine. Always brave and honest in all discussions and events. For coming over to my place to wish my happy birthday and for some reason, me feeling embarassed and not even seeing her. I’ve come a long way.

    Both friends inviting me to their wonderful weddings, being available always and visiting me in South Africa.

    On the halfway point of the 100-day love letter challenge, I dedicate this post to you both. I love you. I appreciate you. MBA wouldn’t have been the same without you two.

    Life well lived is like investing. The more you invest, the more interest you earn. The more interest you earn, the more compounding you get, to the power of time.

    Dollar cost averaging is the act of investing the same amount of money at regular intervals regardless of the market price, consistently over time.

    To double the amount of principal, you divide the annual returns into 72. The S&SP returns 8% per annum, which means the $100 today will double to $200 in 9 years.

    To the power of compounding friendships, relationships and communities to pour into our abundance.