Learn to live with uncertainty in the market from "summary" of Random Walk Guide To Investing by Burton G Malkiel
The concept of uncertainty in the market is one that every investor must come to terms with. It is impossible to predict with absolute certainty the direction that stock prices will take in the future. There are simply too many variables at play, both within the market itself and in the broader economy. This uncertainty can be unsettling, especially for those who are new to investing. It is natural to want to have a sense of control over your investments, to be able to predict with confidence how they will perform. However, the reality is that the market is inherently unpredictable. Rather than trying to predict the market's movements, it is more productive to focus on what you can control. This includes things like diversifying your investments, staying the course during market downturns, and adhering to a long-term investment strategy. By taking a disciplined approach to investing and focusing on the factors that are within your control, you can better weather the inevitable ups and downs of the market. One way to mitigate the impact of...
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