An Ounce Of Prevention Is Worth a Pound Of Cure
One of Benjamin Franklin’s well-known aphorisms is, “An ounce of prevention is worth a pound of cure.” Could this apply to the world of investing as well? Yes, as it turns out. I’ve written before on the topic of volatility drag (see https://www.cognizantwealth.com/2012/05/15/volatility-is-a-drag/) which causes an investment whose return is constantly fluctuating between positive and…
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