The Long Game: Why Staying Put Is the Hardest (and Smartest) Move In Investing
It’s funny how, in the world of investing, doing nothing is often the most productive thing you can do . We’ve all been there, sitting in front of the screen, watching the red numbers tick down, feeling that itch in our fingers to "do something" to save our hard-earned capital. But if my three decades in the markets have taught me anything, it’s that the market is a master at shaking people out right before the real gains happen. When I look at the long-term charts of the S&P 500 or the total real market returns going back to the 1900s, the message is loud and clear: time is the ultimate filter. It filters out the noise, the politics, and the short-term panics. For a value investor, the goal isn't just to find an undervalued gem; it’s to have the stomach to hold it when everyone else is running for the exits. <Image Credit : redw Advisrors & CPAS > The Erosion of Cash and the Power of Real Assets If you look at the historical performance of different asset c...
