Why Patience Is a Profitable Virtue
Patience is one of the character traits displayed by those controlled by the Holy Spirit (Galatians 5:22). Patience also happens to be a profitable virtue for the investor.
But patience can be hard to come by in an information-soaked culture. We may begin our investing journey with the best of intentions to follow a disciplined course, yet so often the pull and tug of the news, financial media, and our own emotions prompts us to abandon our plans and we lose out on what could have been a profitable strategy. What to do? Here are suggestions from a veteran Wall Street adviser.