Many investors are their own worst enemies, achieving inferior results versus the funds or indexes they invest in due to the timing of their buying and selling.

Even after deciding a level of risk that allows exposure of say 50% of their portfolio to equities, investors panic during market falls and cannot maintain an asset allocation discipline. This article offers techniques to control the natural human urge of flight in the face on danger.

In 2014, leading investment writer and founder of a funds management business, William Bernstein, gave Firstlinks permission to publish a terrific booklet called “If You Can: How Millennials Can Grow Rich Slowly.” He advises young people to take exposure to equity markets because time is on their…