Combining an enduring investment philosophy with a simple formula that helps maintain investment discipline can increase the odds of having a positive financial experience.
Investing is a long-term endeavor. Indeed, people will spend decades pursuing their financial goals. But being an investor can be complicated, challenging, frustrating, and
sometimes frightening. This is why it is important to have an investment philosophy. You can stick with one that can help you stay the course when things get rough.
This simple idea highlights an important question: how can investors maintain discipline through bull markets, bear markets, political strife, economic instability, or whatever crisis
du jour threatens their serene progress towards their investment goals?
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