Warren said no one wants to get rich slowly. I think this is one of the hardest things to do. The amount of discipline and conviction that goes into this is immense. There's a huge amount of emotion you need to control as well. This is probably an increasing rare trait to possess since instant gratification almost seems like second nature nowadays.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
That's right.
Need to invest and go throught a few cycles of up and downs.
When you have reached a cycle of down (correction or bear market) and find your stock portfolio is still up, you have reached the next level of calmness in investing. You will also probably realise the true value of buying the dip.
In the meantime, Hold on to your Potatoes!
@TigerStars
after a certain age. cannot slowly anymore... just my 2 cts