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How Should Beginner Investing Portfolios Be Designed For Maximum Long Term Success?
By Dr Wealth  •  February 10, 2020
One of the biggest obstacles to long term investing success is our inability to think, act, and implement long term habits. In short, we quit. We quit far too often, and we quit far too early. These effects are well replicated even in facets of life well-related to your own. Perhaps it was not investing for you, but in other aspects of your life. It could be;
  • budgeting
  • gym
  • learning a new craft/skill
The reality is that humans find it innately difficult to change habits and that we find certain activities painful to continue. This effect is magnified once you start considering the effects a stock market might have on an investor. The magnification is two fold. First, time -> Everybody wants to get it quick. Nobody wants it slow. Second, money -> When real money is on the line, the urge to protect capital is almost visceral. Investors yank money out when they should really be invested and invest when they should be yanking...
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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