What is the impact of market fluctuations on long-term investing?
Market fluctuations can affect short-term performance, but long-term investing often benefits from compounding returns.
How should I react to a market downturn if I'm a long-term investor?
As a long-term investor, it's usually best to stay the course and avoid panic selling. Focus on your long-term goals.
Are there strategies to minimize the impact of volatility?
Yes, strategies like dollar-cost averaging and diversification can help minimize the impact of market volatility.
What historical data supports long-term investing?
Historically, markets tend to recover from downturns, and long-term investments have outperformed cash and bonds over time.
Can you recommend any resources for learning more about this?
Sure! Books like 'The Intelligent Investor' and websites like Investopedia offer great insights into long-term investing.
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