Here’s the Secret the Best Investors Know—And Anyone Can Do It
Investing for the long-term has proven to be an effective strategy for achieving financial success with stocks. By focusing on sustained growth, taking advantage of the power of compounding, and avoiding emotional biases, this approach allows even novice investors to build wealth over time. Unlike short-term trading, which relies on frequent transactions and attempts to time the market, long-term investing is about patience, discipline, and aligning your stock portfolio with enduring economic growth.
Key Takeaways
- Investing focuses on sustained growth over years or decades, leveraging the power of compound interest.
- This strategy avoids frequent transaction costs and emphasizes disciplined, emotion-free decision-making.
- Historical…
