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More Investors Are Saying Bye-Bye to Buy and Hold [View article]
However, I now find myself trading a lot more than I'd like or want, and spending more time on my investments than I'd like. The fact is that stocks may return 7-8% per annum on average. The market now moves +/- 5% in a day, and by +/-20% every few weeks. This means that your typical 3-year return can be made or lost in a few weeks. So buy-and-hold, if not dead, is certainly very questionnable in this environment.