Volatility Doesn't Equal Loss—Unless You Sell

One of the core principles that all successful long-term investors must exercise on a regular basis is the principle of courage. Without courage you will achieve nothing in life worth having, personally or professionally. Volatility is the market’s way of testing your level of commitment and courage. A Roman author in the 1st century BC captured this perfectly: “Anyone can hold the helm when the sea is calm.” 

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