Stay the course from "summary" of The Bogleheads' Guide to Investing by Taylor Larimore,Mel Lindauer,Michael LeBoeuf
The concept of staying the course is an essential principle of successful investing. It means sticking to your investment plan through good times and bad, regardless of what the market is doing. It involves maintaining a long-term perspective and not reacting impulsively to short-term fluctuations in the market. Staying the course requires discipline and patience. It means resisting the temptation to make knee-jerk reactions to market volatility or news headlines. Instead, it involves staying focused on your long-term goals and sticking to your investment strategy, even when things get tough. One of the keys to staying the course is having a well-thought-out investment plan in place. This plan should be based on your financial goals, risk tolerance, and time horizon. By having a cl...
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