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Stay true to your longterm investment plan from "summary" of The Four Pillars of Investing: Lessons for Building a Winning Portfolio by William J. Bernstein
As you embark on your investment journey, it is crucial to establish a long-term plan and stick to it through both the good times and the bad. This means avoiding the temptation to constantly tinker with your portfolio based on short-term market fluctuations or emotions. Drastic changes in response to market volatility can often do more harm than good in the long run. It is essential to remember that investing is a marathon, not a sprint. By staying committed to your long-term investment strategy, you are able to ride out the ...
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