All investments should be evaluated based on opportunity cost versus time. Are you investing for the short term or the long term? And which option would be more efficient and profitable if you invested elsewhere instead of this? The idea behind recommending long-term stock investments is that high-quality securities tend to benefit from inflation. Inflation happens when the prices of goods increase faster than the value of money. Wouldn’t a producer only make a good if its price exceeds its monetary value? However, if this gap is too large, the consumer experiences volatility. That’s why the efficiency of using money declines because you need money to buy things. This principle explains why stock prices tend to rise over time if you hold high-quality stocks long enough. Therefore, investing is often referred to as investing in time—because over time, it adds value. - Joseph’s “just my thoughts”
The tallest mountain in the solar system is Olympus Mons on Mars, towering about three times higher than Mt. Everest. Its area, covering 295,000 ㎢, surpasses the size of the Korean Peninsula (220,850 ㎢) and is nearly equivalent to that of France or Arizona. While Olympus Mons has a greater height than any mountain on Earth, its vast area results in an average slope of only 5 degrees. As a result, hikers who ascend Olympus Mons often feel as if they are traversing a flat plain. For humans, the steepness of a climb matters more than its height. For example, ascending a steeper 5 m pole can be more challenging than gradually scaling a 500 m mountain. In life, choosing the right slope to climb is often more crucial than focusing solely on the height reached, whether going uphill or downhill. - Joseph’s “just my thoughts”