Thoughts on Active Trading vs. Buy and Hold [View article]
What is the definition of "Buy and Hold"? As the author points out, even if you have a long investment time horizon, you still have to dump a losing stock if your original thesis no longer holds water. Otherwise, you're watching your Lucent position get smaller and smaller as you keep chanting "buy and hold".
Even with buy and hold, you have to pay attention (it's not an excuse to be a lazy investor) and you should have some idea where you want to place a stop loss limit.
Thoughts on Active Trading vs. Buy and Hold [View article]
Even with buy and hold, you have to pay attention (it's not an excuse to be a lazy investor) and you should have some idea where you want to place a stop loss limit.