KDY 0.00% 2.7¢ kaddy limited

DW8 Growth, page-3107

  1. 255 Posts.
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    I was reading John Bogle's book "Enough", and came across this wonderful statement - figured I'd share it with you lot.

    "In Times of Uncertainty - In the Stock Market, you do the opposite of what you'll do when a house is burning down. When a house is burning down, you'll stand up and run - DO SOMETHING! A long term investor, should do the exact opposite. Sit down and wait - DO NOTHING. This isn't the place for individual who run from day to day fluctuations or a headline that reads 'The next big Recession is coming'. It takes tremendous amount of patience and a remarkable amount of discipline, to do absolutely nothing".
 
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