Not exact matches
Investor comments, as noted on the feedback sheets of Goldman's sales force, included «Good magazine, but the rest of the business is
less compelling» and «Will need more spending
discipline as a public company.»
There is even
less of a chance for those with no
investor discipline.
All that said, unless the
investor can
discipline his emotions, he is probably better off investing in bonds, even though he will earn much
less.
The
disciplined buy - and - hold
investors would have pretty much tracked the fund return over the different time frames (I'm simplifying a bit here) but among the performance chasers there would have been
investors who did better than the fund returns and
investors who also earned far
less.
Disciplined Investing: Homeowners usually put into practice the
discipline that equity
investors should be following in owning stocks: they invest periodically by slowly building equity with each mortgage payment; they own for the long - term by buying a home and living in it for years; they save more even though, at least initially, owning will cost more than renting because they find a way to spend
less on other things.