"All financial success comes from acting on a plan. A lot of financial failure comes from reacting to the market"
"Long-term investment success is almost totally a function of how one emotionally handles declines in the equity market, as opposed to how one's portfolio handles them."
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Source: Nick Murray (1999). “Simple Wealth, Inevitable Wealth: How You and Your Financial Advisor Can Grow Your Fortune in Stock Mutual Funds”, Nick Murray Company
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