Once Purchased, Your Investments Will Perform as They Will

What you paid for an investment. Holding on to a losing investment until you break even can burn you badly. Some stocks never come back. Buy and hold can work out well for some stocks, but for others, you're just throwing good money after bad.

The time and effort you put into your investments. Doing due diligence when choosing investments is crucial. But there are no extra points for effort in investing. How hard you worked on your analysis matters far less than how good a job you did.