11/06/2025
Slow then fast! (Another sorta long post ahead)
As I was listening to Steve Bartlett as a guest on Michelle Obama's podcast, I heard him say, "Everything grows slow then grows fast", or something to that effect.
He proceeded to use the analogy of dental care. When one does not brush his teeth for a day or a week, he would not immediately see the effects. His teeth would still be cavity-free for a while and his breath may be masked by mints or mouthwash for a period. But one day, maybe after a few months to a year, suddenly, the cavities will develop, teeth will start rotting, and dental pain grows fast. Grow slow then grow fast.
This analogy can be used as we grow our financial portfolio. At this day and age of quick information, we expect that our finances must grow at a speed equal to our needs. But that is not the case. Warren Buffet started saving at 11 years old. At that age, I was saving money to buy the chips my mom would not buy for me. As we start building out portfolio slowly, over time and with discipline, we will see the results of our delayed gratification and paying ourselves first. Then, as we educate ourselves with proper financial management, our portfolio could grow fast by making the right decisions.
To finally end this post, a tool that grows slow then grows fast is an insurance policy. With consistent premiums of a certain amount, the cash value would grow over time. Then dividends would additionally increase the policy's value. Over time, the cash value could grow fast and you could reap the benefits of this plan.
Just remember, slow growth does not mean no growth and fast growth does not mean sure growth.
