Summary
Patience and discipline are among the most important factors driving long-term investment success. But the investing world is filled with distractions, and it’s easy to get tripped up. Rising markets often invite bad behavior, with some investors making no point of differentiation between the stock market and a casino.
401(k) millionaires stayed disciplined, purchasing stocks every two weeks through their retirement contributions, regardless of market conditions. Over time, their patience and discipline compounded into substantial wealth.
This commentary is for informational purposes only. The information data, analyses, and opinions presented do not constitute investment advice. Before making any investment decision, please consider consulting a financial or tax professional.