Is it true that you should stick to one strategy when you invest and not deviate from it?
It is generally advisable to stick to a well-defined investment strategy and not deviate from it unless there are compelling reasons to do so. Deviating from a sound investment strategy can expose you to unnecessary risk and potentially hurt your returns. However, this does not mean that you should never adjust your investment strategy.

Investment strategies should be dynamic and responsive to changing market conditions, your personal circumstances, and your investment goals. For example, if your financial situation changes, or if market conditions shift dramatically, it may be necessary to adjust your investment strategy to reflect these changes. Additionally, as you gain experience and knowledge in investing, you may find that your initial strategy needs to be refined to better align with your objectives.

That being said, changing your investment strategy should be a well-considered decision based on objective factors and not impulsive actions. It's important to evaluate the potential risks and benefits of making any changes to your investment strategy and to seek advice from a financial professional if necessary.

In summary, while it is generally advisable to stick to a sound investment strategy, it's also important to be flexible and adjust your strategy as needed to ensure that it remains aligned with your financial goals and circumstances.
Ok, I hear you, so what are the top 3 strategies for investing that have stood the test of time, are proven to be successful and are used by the wealthy.
The top 3 investment strategies that have stood the test of time, proven to be successful, and utilized by the wealthy are:

Diversification: This strategy involves spreading out investments across a variety of asset classes such as stocks, bonds, real estate, and commodities. By diversifying, investors reduce their overall risk and increase their potential for long-term gains.

Buy and hold: This strategy involves buying quality investments and holding them for the long-term, regardless of short-term market fluctuations. By avoiding the temptation to sell during market downturns, investors can allow their investments to grow and compound over time.

Dollar-cost averaging: This strategy involves investing a fixed amount of money at regular intervals, regardless of market conditions. By consistently investing over time, investors can benefit from the ups and downs of the market, ultimately reducing their overall cost per share and improving long-term returns.

Overall, these three strategies have proven to be effective over a long period of time and are commonly used by wealthy investors.