"Worry doesn't help tomorrow's troubles; it ruins today's happiness."
There are four underlying premises:
- Accumulate wealth over time
- Have a specific goal or strategy
- Systematic investing - through payroll deduction, otherwise known as Dollar Cost Investing or Averaging.
- Rebalance to the goal/strategy - participants take advantage of selling high, buying low. CTMA Wealth Management Team
"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas."
~ Paul Samuelson