I say that patience is one of the talents that investors have, patience is something unique that gives long-term results, I have also read it in some books by Warren Buffet where he recommends it, of course world events are currently going at a different pace .
About 50 years ago the world was moving differently, more could be done regarding the markets, of course, as I said before in other threads, big time investors don't mind leaving an investment of $10k or more in shares for 8-10 years without touching that money, because they have a way to solve their basic needs, currently people cannot afford that luxury, because with a minimum investment it implies many sacrifices that they cannot make.
Some people did not understand this because they believe that leaving their money for a long time will not benefit them because they will use it for some business and make more profit, whereas others do not have the mindset to invest such a large sum and overlook the investment.About 50 years ago the world was moving differently, more could be done regarding the markets, of course, as I said before in other threads, big time investors don't mind leaving an investment of $10k or more in shares for 8-10 years without touching that money, because they have a way to solve their basic needs, currently people cannot afford that luxury, because with a minimum investment it implies many sacrifices that they cannot make.
There are people who constantly check their wallets to see how much profit they have already made, whereas true long-term investors will simply leave their wallets aside until it is their target time to check the wallets and then see the amount of money inside the wallet; these types of investors are the best because they have enough profit that they will never regret the time they wasted while investing.
Personally, I've been on this investing grind for a minute now, and I've learned that having a solid long-term investment strategy is where it's at. I ain't gonna lie, there were times when I invested in a company that I was feeling, but then the stock price started buggin' and I wanted to bounce. But I didn't, I stayed patient and held onto that investment like a boss. And ya know what? Over time, the stock price leveled out, and I got paid!
People be sleeping on long-term investments, thinking they can make more money with short-term opportunities. But lemme tell ya, long-term investing provides that sense of security and stability that short-term investments just can't touch. Real talk, successful long-term investors don't constantly check their wallets, they stay true to their investment strategy and have the discipline to stay the course.
