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Be patient from "summary" of The Only Investment Guide You'll Ever Need, Revised Edition by Andrew Tobias
Patience is a crucial virtue when it comes to investing. It is not about making a quick buck, but rather about allowing your investments to grow over time. The stock market goes up and down, often in unpredictable ways, but history has shown that over the long term, it tends to go up. This means that even if your investments are down today, they may very well be up tomorrow. By being patient, you can ride out the ups and downs of the market without panicking and making hasty decisions. In fact, trying to time the market is a fool's errand. No one can consistently predict when the market will go up or down, so it is better to stay the course and stick...Similar Posts
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