Programmer's Investing Notebook         :: Investing notes from a software developer :: | About Me |

Excellent and thorough article on a basic, fundamental truth. It's something that I deeply believe in: investing is for the long term. If you think you can time the market, you might get burned out, especially now. But if you can invest for the long term, for at least five years, you'll do well. Simple as that.

Reference
Reacting to Market Declines: The Case for Staying Invested, Fidelity Investor's Weekly Newsletter (very good newsletter, btw)