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Stay the course from "summary" of The Little Book of Common Sense Investing by John C. Bogle
The fundamental concept that investors must keep in mind is the importance of staying invested in the market for the long term. This idea may seem simple, but it is crucial for success in the world of investing. By staying the course, investors avoid the dangers of market timing and emotional decision-making, which can lead to costly mistakes. When investors try to time the market by buying and selling securities based on short-term market movements, they are essentially gambling with their money. Market timing is a losing game because it is nearly impossible to predict the direction of the market with any consistency. Even professional money managers struggle to outperform the market over the long term, so individual investors are unlikely to do any better. Emoti...
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