I invest mostly in index funds which are very broad low-cost diversified funds and I plan to holding them for 50 plus years.
Morgan Housel, Author of New York Times bestseller “The Psychology of Money”
I never sell and I do what is called dollar cost averaging [where] I invest the same amount of money every single month come hell or high water; every month from the first of the month; the same dollar amount over and over again.
[My approach] is not based of where I think the market is going to go next or what the economy is doing, it’s just a consistent system to invest a little bit more for as long as I can.
