Stick to your investment plan from "summary" of Let's Talk Mutual Funds by Monika Halan
When it comes to investing in mutual funds, it's important to have a plan in place. This plan should outline your financial goals, risk tolerance, and investment timeline. Once you have established your investment plan, it is crucial to stick to it. One of the most common mistakes investors make is deviating from their investment plan in response to market fluctuations. It can be tempting to react to short-term market movements, but doing so can lead to poor decision-making and negatively impact your long-term financial goals. Instead of reacting impulsively to market volatility, it is important to stay disciplined and stick to your investment plan. This me...
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