The mathematical power of compounding makes a small increase in investing return, or i, very compelling. To increase the chances of achieving a higher i, buy cheap. Buy expensive, and you'll be lucky to match market returns.
Investors should know how beating the market with even slightly higher rates of return is a shorter path to wealth.
This is especially true if the investments are left on the table to perform, and perform consistently, over time.
What about investments achieving less than market average return?
What happens when you cling to these investments?
Are they like a bad marriage, not only producing inferior returns but also consuming valuable time that you could put to work elsewhere?
From an investment perspective, the answer is yes.
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