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Volatility and short-sightedness (myopia)

Posted by Naomi Rosenthal on Monday, October 18, 2010, In : Investment 

Myopia [mī-ō’pē-ə] noun: Lack of discernment or long-range perspective in thinking or planning.
Volatile [väl′ə-tīl′] adjective: (of prices, values, etc.) tending to fluctuate sharply and regularly.
The biggest investment mistake you can make is not getting started. But a close second is bailing out of the market before your financial plan has a chance to come to fruition.
You zig, when you should have zagged. You jump ship with the intention of getting back in at a later date. But ...

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