Every successful investor will tell you the same thing: Successful investing is boring. Success comes from patience, diligence and perseverance more than anything else. Brilliance and aggressiveness are more likely to cost you than add anything to your bottom line. Even Warren Buffett famously admitted that the secret of his success is that he mastered “the art of doing nothing,” his phrase for doing simple things and being patient. In short, let compounding do its work by giving it time and staying out of its way.
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