Longterm investing is the way to go from "summary" of Random Walk Guide To Investing by Burton G Malkiel
Long-term investing is the strategy that has stood the test of time. This approach involves purchasing shares of companies with the intention of holding onto them for an extended period, often five years or more. One of the key advantages of long-term investing is the ability to ride out short-term market fluctuations. By focusing on the long-term outlook of a company, investors can avoid getting caught up in the day-to-day noise of the stock market. When you invest for the long term, you are able to take advantage of the power of compounding. Compounding is the process by which your investment returns generate further returns. Over time, this can lead to significant growth in your portfolio. By reinvesting dividends and letting your investments grow over the years, you can harness the full po...Similar Posts
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