Amid market swings, it is easy to lose sight of the potential benefits of staying invested over the long run. While no one has a crystal ball, adopting a long-term perspective and sticking with a plan can help investors look beyond the headlines. I recently read this article from David Booth, Dimensional’s founder, which is a thoughtful reflection on the folly of prognostication and market timing. It is not a long article but certainly one worth a read.
Click here to read the article
About the Author
Lorraine Ell
CEO and Senior Financial Advisor
Lorraine is the CEO of Better Money Decisions (B$D) and co-author of the blog Better Financial Decisions. As a principal of B$D, she is excited to continue her long career as an investment professional which started when she worked in the 1980s as an advisor with Drexel, Burnham and Lambert and J.W. Charles and as co-owner of a Registered Investment Advisory firm.
Living and working in places as diverse as Jeddah, Saudi Arabia, and Budapest, Hungary has given her a unique perspective on the world of investing. Through these experiences she has learned that life can change in an instant and having a financial guide can make all the difference between a retirement fraught with worry and one with peace of mind.
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