This 1 Simple Financial Strategy Could Help Set You Up for Life (If You Have the Stomach for It)

Best-selling author and former Motley Fool contributor Morgan Housel once sent out a tweet that I love. It says this: "A book called Shut Up and Wait. Every page is just this chart." The chart is similar to this one below, showing multiple decades of the S&P 500's total return. Housel's point: Time makes everyone a great investor -- if you can remain patient.

^SPX data by YCharts

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Source Fool.com