What is the suggested approach to investing in an index fund?
FOMO Is Damaging to Investors, Says Soros' Fitzpatrick
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The video discusses the importance of balancing patience and action in investing, highlighting common mistakes like FOMO, which leads to buying high and selling low. It advises average investors to consider index funds and focus on long-term compounding rather than frequent trading, which can be damaging.
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What is the relationship between trading frequency and investment damage?
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