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" "diversify across time. And that’s what dollar-cost averaging does for you.
Anthony Jay Robbins (born Anthony J. Mahavoric; February 29, 1960) is an American author, coach, speaker, and philanthropist.
Biography information from Wikiquote
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The power of compounding doesn't just apply to money.
It applies to your mindset. Your relationships. Your health. Your standards. Your identity.
Because it's not what we do once in a while that shapes our lives. It's what we do consistently.
Most people overestimate what they can do in a year and underestimate what they can do in a decade.
Asset allocation is more than diversification. It means dividing up your money among different classes, or types, of investments (such as stocks, bonds, commodities, or real estate) and in specific proportions that you decide in advance, according to your goals or needs, risk tolerance, and stage of life.