Focus on the longterm performance of your investments from "summary" of The Investment Answer by Gordon Murray,Daniel C. Goldie,Gordon S. Murray
When it comes to investing, it's easy to get caught up in the short-term fluctuations of the market. However, it's important to remember that successful investing is not about timing the market or trying to predict short-term movements. Instead, it's about focusing on the long-term performance of your investments. By focusing on the long-term, you can avoid making emotional decisions based on short-term market fluctuations. This can help you stay disciplined and stick to your investment strategy, even when the market is going through a rough patch. In the long run, this can lead to better investment performance and help you achieve your financial goals. One key aspect of focusing on the long...
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