John Morgan
👤 SpeakerAppearances Over Time
Podcast Appearances
I was building my business.
When you invest...
You need to be patient.
Index funds, tax-free bonds, be very patient.
Instead of playing the short game, play the long game.
Because once it starts happening, the power – I started banks in the 80s.
I was 27 years old.
I sold those banks.
I turned into Center State Bank.
We sold it to South State.
I've never sold a share.
But when we're building, when I did those banks, the power of compounding interest is people don't understand it.
That's why these credit card companies, you know, 1.5% a month.
Okay, that's 18%.
That's right.
That's a tsunami.
So you've got to understand that.
But I would say patience.
A lot of people want to be rich fast.
And you look around, and they're driving in a Lamborghini, and they've got a hot chick in the front seat, and they've got a big penthouse.