JOSEPH FOSTER

Is Buy-and-Hold Dead? Hardly

BUY AND HOLD IN A BEAR MARKET IS A DISASTER.
IF YOU WERE IN EQUITY AND SIGNS OF RECESSION BEGAN TO APPEAR BY THE TIME THE DOW WENT FROM 14000 TO 13000
YOU SHOULD HAVE SOLD AND REMAINED IN CASH UNTIL SIGNE OF RECOVERY BEGINS TO APPEAR.
EXAMPLE HIGH QUALITY COMPANY PAYING DINIDEND WAS $60.00
NOW $20.00 WITH ALL OF THE DIVIDEND REINCESTED IF YOU ARE LUCKY PERHAPS IN 7 YEARS OR LONGER THAT STOCK MAY GO BACK TO $60.00 FOR A PERID OF 7 YEARS YOU ARE BACK TO WHERE YOU STARTED.

Is Buy-and-Hold Dead? Hardly

BUY AND HOLD WORKS WHEN YOU ARE NOT IN A RECESSION
AND IN A BULL MARKET.
THOSE THAT TERLL YOU OTHERWISE ARE MUTULA FUNDS THEY MAKE MONEY IN A BULL MARKET AND THE INVESTORS THEY WIPED OUT IN MANY UINSTANCES.
AS A DAY TRADER I MADE IN 8 MONTHS $150,000 MY BIGGEST LOSSES WERE ON MY BUY AND HOLD STOCKS.
GOOD EXAMPLE IN A 8 MONTHS PERIOD APPLE REACHED $202 HIGH
NOW $90.00 IF YOU SOLD IN A BEAR MARKET WHEN THE STOCK HAD REACHED $179 AND WENT INTO CASH YOU COULD BUY APPLE
AGAIN WHEN THE ECONOM,Y START TO IMPROVE AND HOLD.
IF YOU HAD SOLD ALL OF YOUR HOLDING WHEN THE DOW FROM 14000 WENT TO THE LEVEL OF 13000 AND STAYED IN CASH YOU COULD HAVE TAKEN YOUR CASH AND BUY BACK THE SAME STOCKS.
SOME EXCEPTIONAL INVESTMENT MANAGERS DO NOT BUY AND HOLD. THEY PERFORM ALL SORTS OF CHANGES IN THEIR PORTFOLIO.
JOSEPH FOSTER