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5 Key Principles for Successful Long-Term Investing

Long-term investing is an approach that involves investing your money in a diversified portfolio with the intention of holding onto it for a long period of time. This type of investing requires patience and discipline, but if done correctly, it can lead to significant wealth accumulation over time. Here are five key principles for successful long-term investing.

  1. Set clear goals and develop a plan: Before you start investing, it’s important to set clear financial goals and develop a plan to achieve them. This involves determining