This is the best investing advice I have ever heard
There's one piece of investing advice that can help your portfolio weather any storm.
Most investing advice may come from a well-intentioned place, but it's often not something you should actually listen to.
Many people have philosophies that actually can hurt your portfolio. When someone tells you to sell your winners to lock in profits, they may also be telling you to limit future profits by selling shares in a good company
Related: 'Rich Dad Poor Dad' author makes dire prediction, warns on 401(k)s
The same goes for the old advice to set a stop/loss order to protect your portfolio. The problem is some very good stocks over time have had large drops. If you sell because of that drop, you may end up regretting it even though you spared yourself some short-term pain.
