Posted 11/28/2023, 12:34:00 PM
Timeless Investing Tips: Focus on Long-Term Goals, Control Emotions, and Think Independently
- Follow timeless wisdom from legendary investors like Buffett, Lynch, Graham, and Marks when making investment decisions
- Manage emotions and stick to a long-term investing plan instead of timing the market
- Define clear financial goals and work backward to determine suitable investments
- Recognize that volatility itself is not risk; the real risk is potential losses
- Contrarian approaches can outperform simply following the crowd