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Remember that investing is a marathon, not a sprint from "summary" of The Only Investment Guide You'll Ever Need, Revised Edition by Andrew Tobias
Investing is a long-term game. It's not about making a quick buck or trying to time the market perfectly. Instead, it's about having a plan and sticking to it through thick and thin. Just like running a marathon, investing requires patience, discipline, and a steady pace. In a sprint, you give it your all for a short burst of time and hope to come out ahead. But in a marathon, you need to pace yourself, conserve your energy, and keep moving forward steadily. The same is true for investing. You can't expect to get rich overnight or beat the market consistently. It's about making steady progress over time and staying committed to your long-term goals. There will be ups and downs along the way, just like in a marathon. The key is to stay focused on the finish line and not get distracted by short-term fluctuations. By staying the course and sticking to your investment plan, you'll be in a much better position to achieve your financial goals in the long run. So, remember that investing is a marathon, not a sprint. Stay disciplined, be patient, and keep moving forward steadily. In the end, it's the slow and steady investors who win the race.
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