Long-term investing is one of the most effective strategies for building wealth over time. Rather than trying to time the market or chase short-term gains, long-term investing focuses on staying committed to your investment plan over many years.
One of the biggest advantages of long-term investing is that it allows you to benefit from compound growth. The longer your money is invested, the more it can grow, thanks to the compounding effect of reinvesting dividends and interest.
Long-term investing also helps reduce the impact of market volatility. While the stock market may experience short-term fluctuations, it has historically trended upward over the long term. By staying invested, you can