Monday, December 13, 2021

Continuously changing investment tactics and portfolio composition may reduce returns and increase risks.


Reacting impulsively to short-term ups and downs and then trading too much and too often, can negatively impact the performance of your investment portfolio.


Brokerage costs will build-up, which will decrease your share of investment return. There's also the opportunity cost of being out of the market.


If you're saving for a goal, it's better to allocate your funds towards long-term investing.


Discipline and patience can help you endure through the extreme highs and lows and remain committed to a long-term investment plan.