Be prepared for market volatility from "summary" of Beating the Street by Peter Lynch
When it comes to investing, one of the most important things to remember is that the market is always changing. And with those changes, comes volatility. This means that prices can fluctuate rapidly and unexpectedly, which can be unsettling for many investors. However, instead of panicking when the market takes a downturn, it's important to be prepared for volatility. Being prepared for market volatility means understanding that fluctuations are a normal part of investing. It also means having a plan in place for when the market does become volatile. This could involve setting stop-loss orders, diversifying your portfolio, or simply being pat...
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