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Focus on the factors you can control in your investments from "summary" of Random Walk Guide To Investing by Burton G Malkiel

One of the key principles in successful investing is to concentrate on the elements that are within your control. There are so many variables that can impact the performance of your investments, from market conditions to geopolitical events, that focusing on what you can control can provide a sense of empowerment and direction in an otherwise unpredictable landscape. One factor that investors have control over is how much they pay in fees and expenses. High fees can eat away at your returns over time, so it's important to choose low-cost investment options whenever possible. By minimizing fees, you can increase your chances of achieving better long-term results. Another controllable factor is the level of risk you are comfortable with in your investment portfolio. While you can't predict the future performance of the market, you can determine the level of risk that aligns with yo...
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    Random Walk Guide To Investing

    Burton G Malkiel

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