“Global markets are providing investors a rough ride at the moment, as the focus turns to China’s economic outlook. But while falling markets can be worrisome, maintaining a longer-term perspective makes the volatility easier to handle.”
This is another reminder of the difficulties and risk of market timing. Reacting to headline news is usually dangerous. Successful investors learn to remain focused on the things they can control; the amount of risk they assume, their expenses and turnover, minimizing their taxes, and how diversified their portfolio is.
Click for full article=> The Patience Principle