Does Buy-and-Hold Work on Major Blue Chips? [View article]
Buy and Hold works great during long term bull markets. The last one started in 1981 and ended in 2000. If you bought and held during 1966-1980 period, you had about the same return as in 2000-2007. Dividends are OK, but if company pays 1.5% and stock doesn't grow, you're much better with CD (and much safer to boot). That's why index fund investing right now is plain stupid.
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Buy and Hold works great during long term bull markets. The last one started in 1981 and ended in 2000. If you bought and held during 1966-1980 period, you had about the same return as in 2000-2007. Dividends are OK, but if company pays 1.5% and stock doesn't grow, you're much better with CD (and much safer to boot). That's why index fund investing right now is plain stupid.
Jun 10 13:41 pm
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All Comments by Alex Filonov »Does Buy-and-Hold Work on Major Blue Chips? [View article]