Stay disciplined during market downturns from "summary" of Common Sense on Mutual Funds by John C. Bogle
Remaining disciplined during market downturns is a crucial aspect of successful investing. When the stock market experiences a decline, it is common for investors to panic and make hasty decisions based on fear and anxiety. However, it is important to maintain composure and stick to your long-term investment strategy. Market downturns are a natural part of the investing cycle, and they should be expected from time to time. Instead of reacting impulsively to short-term fluctuations, it is essential to focus on the big picture and stay committed to your investment goals. By staying disciplined during market downturns, you can avoid making emotional decisions that could harm your long-term financial prospects. One way to stay di...
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