Set realistic investment expectations from "summary" of The Investment Answer by Gordon Murray,Daniel C. Goldie,Gordon S. Murray
Investors often have high expectations when it comes to their investments. They may expect to achieve extraordinary returns or beat the market consistently. However, it is important to set realistic investment expectations to avoid disappointment and make informed decisions. Realistic investment expectations are based on a thorough understanding of the market and historical performance data. It is important to be aware of the risks and potential returns associated with different types of investments. By setting realistic expectations, investors can make more rational decisions and avoid making impulsive choices based on unrealistic goals. Setting realistic investment expectations also involves acknowledging the limitations of investing. While it is possible to achieve significant returns in the market, it is also important to be prepared for periods of volat...
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