How to be a Long Term Investor
You may be wondering, how can I become a long-term investor? There are two characteristics that make a good long-term investor. The first is only investing in long-term healthy asset classes. Avoid investing in short-term investments or fads. Instead, diversify your portfolio and invest in asset classes such as the S&P 500, foreign stock, the U.S. Bond Aggregate, and small cap stocks.
The second characteristic of a long-term investor is patience. Make sure you build a resilient portfolio and be patient during market downturns. Don’t make decisions based on market volatility. Also, create a cash reserve so you don’t have to sell your investments if the market drops.
Download our free guide: “7 Steps to Leave a Financial Legacy”
Click here to schedule a consultation with one of our financial planners.
Listen to Our Podcast:
Recent posts
Share This Story, Choose Your Platform!
Wiser Wealth Management, Inc (“Wiser Wealth”) is a registered investment adviser with the U.S. Securities and Exchange Commission (SEC). As a registered investment adviser, Wiser Wealth and its employees are subject to various rules, filings, and requirements. You can visit the SEC’s website here to obtain further information on our firm or investment adviser’s registration.
Wiser Wealth’s website provides general information regarding our business along with access to additional investment related information, various financial calculators, and external / third party links. Material presented on this website is believed to be from reliable sources and is meant for informational purposes only. Wiser Wealth does not endorse or accept responsibility for the content of any third-party website and is not affiliated with any third-party website or social media page. Wiser Wealth does not expressly or implicitly adopt or endorse any of the expressions, opinions or content posted by third party websites or on social media pages. While Wiser Wealth uses reasonable efforts to obtain information from sources it believes to be reliable, we make no representation that the information or opinions contained in our publications are accurate, reliable, or complete.
To the extent that you utilize any financial calculators or links in our website, you acknowledge and understand that the information provided to you should not be construed as personal investment advice from Wiser Wealth or any of its investment professionals. Advice provided by Wiser Wealth is given only within the context of our contractual agreement with the client. Wiser Wealth does not offer legal, accounting or tax advice. Consult your own attorney, accountant, and other professionals for these services.
