You don’t make money from buying stocks. As an investor, finding and buying a great stock is just the first step. But simply purchasing shares of an outstanding business or company does not guarantee that you will make money out of it. If you fail to hold this stock for the long term, you are unlikely to realise its full potential. Yet, most of the attention is focused on what stock to buy. Far fewer words are written on what’s more important: holding the stock for the long term. So, let’s correct this shortfall today.

Don’t just do something, sit there

“All of humanity’s problems stem from man’s inability to sit quietly in a room alone.” — French philosopher Blaise Pascal There is nothing particularly special about holding a stock for many years. All you have to do is to, well, do nothing. But sitting around without taking any action can be harder than it looks....