Every investor’s main goal should be fully funding their retirement, not keeping pace with the market at all times.
Not only do emotional mistakes often lead to disappointing long-term returns, but also substantial short-term losses, which is why sticking to a disciplined and diversified investment approach throughout your working years is so critical.
As you can see in the illustration below – which shows the average American’s life in weeks – you may need to stretch your savings out over several decades.
Puts things in perspective, doesn’t it?
