Stick with investment strategy, despite fear of loss

03/26/2013 | New York Times (tiered subscription model), The

Throwing out a rational investment plan because the market dips or because you learn about an enticing-sounding alternative is the biggest mistake investors make, writes Carl Richards, director of investor education at the BAM Alliance. While it can seem boring, he writes, "the key to investing success is having a diversified, well-designed plan and sticking to it for a long, long time."

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