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John Lounsbury is a
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1998 comments
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If you bought the Dow Jones Industrial Average on 10/29/1998 (8495 close) you have a ten year return of no capital gain plus approximately 2% per year in dividends. Money markets have averaged more than this, even after taxes, and CD's have returned almost twice as much.
Nov 12 11:44 am
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All Comments by John Lounsbury »The Death of Buy and Hold? [View article]
Buy and hold works in secular bull markets. Reallocate when the secular bear arrives. Mac77 has some good comments in this regard.