John Bogle, the father of passive investing, has this very simple piece of advice for anyone seeking to make their money grow. Don't try so hard. When you make investing into work, inevitably you run the risk being wrong and losing big money.
"Short-term market timing is a loser's game. None of us know what tomorrow holds, not Bogle nor anybody else. And that's why I have never done anything other than a 10-year reasonable-expectations perspective," he told MarketWatch in an interview.
"Any day, any week, any month, any year can do what it wishes, but 10 years it comes down to how corporations do, and that's more important than how the stock market does."
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