'Buy and Hold' Is Dead? I Think Not! [View article]
Portfolios should be living, breathing things. They should be cultivated like a garden. Carefully pruned, fertilized, watered, and yes, occasionally pulling up parts by the roots. A static portfolio will grow weeds. However I see where the author is going. Owning high quality companies over long periods of time and ignoring the short term wiggles is a proven route to building wealth over time. Unfortunately times such as now severly test it. It is also unfortunate that so many fail the tests.
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Portfolios should be living, breathing things. They should be cultivated like a garden. Carefully pruned, fertilized, watered, and yes, occasionally pulling up parts by the roots. A static portfolio will grow weeds. However I see where the author is going. Owning high quality companies over long periods of time and ignoring the short term wiggles is a proven route to building wealth over time. Unfortunately times such as now severly test it. It is also unfortunate that so many fail the tests.
Nov 14 13:37 pm
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