Long-term investing: Core principles every investor should know
They can help you keep moving toward your goals, no matter what the markets are doing
KNOWING YOUR FINANCIAL GOALS and what you ultimately want to achieve are essential to pursuing long-term investment success, says Kirsten Cabacungan with the Chief Investment Office (CIO) for Merrill and Bank of America Private Bank. In this conversation with Chief Investment Officer Chris Hyzy, Cabacungan discusses how to maintain a disciplined approach and stay anchored in your goals, even during the market’s ups and downs.
The two also discuss the somewhat surprising benefits that volatility can offer, the potential risks of holding too much cash, and why — when it comes to investing — time is definitely on your side.
For more insights, read the CIO report “Steer the Course of Your Financial Future: A Guide for Long-term Investors.”
Important Disclosures
The opinions expressed are as of 05/22/2025 and are subject to change.
Investing involves risk, including the possible loss of principal. Past performance is no guarantee of future results.
Bank of America, Merrill, their affiliates, and advisors do not provide legal, tax, or accounting advice. Clients should consult their legal and/or tax advisors before making any financial decisions.
All recommendations must be considered in the context of an individual investor’s goals, time horizon, liquidity needs and risk tolerance. Not all recommendations will be in the best interest of all investors.
Asset allocation, diversification and rebalancing do not ensure a profit or protect against loss in declining markets.
This information should not be construed as investment advice and is subject to change. It is provided for informational purposes only and is not intended to be either a specific offer by Bank of America, Merrill or any affiliate to sell or provide, or a specific invitation for a consumer to apply for, any particular retail financial product or service that may be available.
The Chief Investment Office (CIO) provides thought leadership on wealth management, investment strategy and global markets; portfolio management solutions; due diligence; and solutions oversight and data analytics. CIO viewpoints are developed for Bank of America Private Bank, a division of Bank of America, N.A., (“Bank of America”) and Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S” or “Merrill”), a registered broker-dealer, registered investment adviser and a wholly owned subsidiary of Bank of America Corporation (“BofA Corp.”).
Merrill makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of BofA Corp. MLPF&S is a registered broker‐dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp.
