Keep a longterm perspective on investing from "summary" of Common Sense on Mutual Funds by John C. Bogle
When considering investing, it is crucial to adopt a long-term perspective. Short-term market fluctuations are inevitable and largely unpredictable. Trying to time the market based on these fluctuations is a futile endeavor that often leads to poor decision-making and suboptimal results. By maintaining a long-term view, investors can avoid being swayed by the noise of short-term market movements. It is important to remember that investing is a means to achieve long-term financial goals, such as retirement or education. Focusing on short-term gains can lead to a loss of sight of these larger objectives. By keeping a long-term perspective, investors can stay committed to their goals and remain disciplined in their in...
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