Inference About Timmy's Compass

In a small village, there was a peculiar shop owned by an elderly woman named Mabel. The shop sold various artifacts, each with a unique story. One day, a curious young boy named Timmy entered the shop. He noticed an old compass that seemed to shimmer in the light. Mabel warned him, saying, 'This compass has guided many travelers, but only to places of true importance.' Intrigued, Timmy purchased the compass, believing it would lead him on grand adventures.

Weeks later, Timmy discovered that whenever he used the compass, it pointed not toward geographic north, but rather towards places where he had some personal connection — his grandmother's house, the park where he played, and even his school. Each destination revealed memories and lessons he had learned along the way. After several evenings exploring these significant spots, Timmy realized that the compass was not about finding distant lands but rather discovering the importance of his roots.

Based on this story, what can we infer about the old compass Mabel sold to Timmy?