I stopped trying to explain it to people years ago. A lot of the naysayers just don’t want to know—they are set in their traditional coupon cutting and dividend generators. Nothing wrong with those things, but this is akin to the early days of the internet, back in the 1990’s.
What I don’t understand is how someone wouldn’t be willing to roll a small portion of a diversified portfolio into the best CAGR over the last ten years.
They might not understand how it works, but you’d think they understand returns.
I don’t understand how my iPhone 14 works.
But I use it every day.
And when an iPhone comes out, that’s significantly better than this one, I’m buying it!