The best investment strategy is to hold a diversified portfolio of low-cost index funds.
最好的投资策略是持有低成本指数基金的多样化投资组合。
Investors should avoid market timing and stock picking.
投资者应避免市场时机选择和个股选择。
The key to successful investing is to minimize costs and taxes.
成功投资的关键是尽量减少成本和税收。
Investors should focus on long-term goals and ignore short-term market fluctuations.
投资者应关注长期目标，忽略短期市场波动。
The market is efficient enough that most investors will not outperform it.
市场足够有效，以至于大多数投资者无法超越它。
Successful investing is about having the discipline to stick to a well-thought-out plan.
成功的投资在于有纪律地坚持一个经过深思熟虑的计划。
Active management strategies fail to produce superior returns after fees.
主动管理策略在扣除费用后无法产生卓越的回报。
Diversification is the only free lunch in investing.
分散投资是投资中唯一的免费午餐。
The most important decision in investing is the allocation of assets.