Why do equity fund investors need to have a long-term investment horizon? What kind of time frame is considered appropriate for equity investments?

Name: Why do equity fund investors need to have a long-term investment horizon? What kind of time frame is considered appropriate for equity investments?
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The Answer of Why do equity fund investors need to have a long-term investment horizon? What kind of time frame is considered appropriate for equity investments?

Why Do Equity Fund Investors Need to Have a Long-Term