Cramer vs. Buffett: An ETF Perspective [View article]
The choice is not between buying and holding and momentum (the point of buying stocks is to have profits in a reasonable period of time - at least 5 to 10 years - that you can spend on real things - childrens education, new home, retirement, etc.)
Any individual investor who plans (on purchase day) to hold it for more than 10 years needs help.
The choice is between having a system of rating value and buying at prices below value and selling above value OR having a system that can predict the general behaviour of buyers and sellers and the associated price increases and buying when they are likely to continue bidding up the price and selling before they bid the price down to low.
Buy and hold is a strategy sold by mutual funds and means that the manager of the fund will design the system and do the buying and selling for you, whilst you buy and hold the fun (till you die is their hope) and then go and pray (or sleep) depending on your mental disposition.
Cramer sounds a lot like Mr Market, with wild mood swings. Buffet only holds because he can't find enough to buy with the money he has. He even admitted in one of his letters a couple of years ago that he should have sold much more during the bull market of 2000.
And Alpha Romeo is right, if you can do momentum you must have a lot of time on your hands.
Cramer vs. Buffett: An ETF Perspective [View article]
Any individual investor who plans (on purchase day) to hold it for more than 10 years needs help.
The choice is between having a system of rating value and buying at prices below value and selling above value OR having a system that can predict the general behaviour of buyers and sellers and the associated price increases and buying when they are likely to continue bidding up the price and selling before they bid the price down to low.
Buy and hold is a strategy sold by mutual funds and means that the manager of the fund will design the system and do the buying and selling for you, whilst you buy and hold the fun (till you die is their hope) and then go and pray (or sleep) depending on your mental disposition.
Cramer sounds a lot like Mr Market, with wild mood swings. Buffet only holds because he can't find enough to buy with the money he has. He even admitted in one of his letters a couple of years ago that he should have sold much more during the bull market of 2000.
And Alpha Romeo is right, if you can do momentum you must have a lot of time on your hands.