“What matters is, number one, establishing a goal, number two, establishing a strategy that helps you reach those goals, and, number three, not changing that strategy based on the noise going on in the market, which is best left to the short-term trader.”
“Beating the market is not a goal in my mind. Having enough money to retire and not running out of money, perhaps leaving a legacy or funding some charities; that is.”
“Many people are not planning. Maybe they are saving some money, but how do they define what is enough. Most people would like to save more, so why aren't they saving more?”
