Compounding Quality

Compounding Quality

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Compounding Quality
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Compounding Quality
Sep 12, 2024
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Compounding Quality
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A long time ago, Grace Groner was a normal secretary at Abbott Laboratories.

Grace lived a modest life with humble earnings.

However, Grace’s financial decisions made her a fortune.

In 1935, she invested $180 in Abbott, the dividend-paying company she worked for.

By reinvesting her dividends, her $180 grew to $7 million over 75 years.

The lesson here? Don’t…

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