decoflair

Citigroup: The Death of Buy-and-Hold Investing?

Well, well, I must say that there are more intelligent people today calling or the end of "buy and hold" strategies. Soon, there will be a magazine with a cover showing the death and burial o the securities industry. Tonight, Warren Buffet is speaking about our economy in a 'shambles.'
WOW! We must be close to the buying opportunity for the next ten years.

The last time there was so much negativism was the early 1980s when people were proclaiming that the United States was going to become a third world country (the rust belt mentality). Prior to the 1980s there was 1974-1975 when a major national magazine issued a report declaring "The Death of Equities."
Let's give ourselves some credit or our past achievements. Yes, we are in a jam, but we are working to find a solution. We will get ourselves out of this mess.