Learn from your mistakes from "summary" of The Bogleheads' Guide to Investing by Taylor Larimore,Mel Lindauer,Michael LeBoeuf
Mistakes are an inevitable part of life, and investing is no exception. We all make mistakes, but the key is to learn from them. When it comes to investing, learning from your mistakes can make all the difference in achieving your financial goals. One of the most common mistakes investors make is trying to time the market. This involves trying to predict when the market will go up or down and buying or selling investments based on these predictions. However, research has shown that even professional investors struggle to consistently time the market correctly. Another common mistake is letting emotions drive investment decisions. Fear and greed can lead investors to make irrational choices, such as selling investments d...
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