It seems to me that the old Buy and Hold has proven its limits. It has proven its limits crashing down in flames
Would you "Buy and Hold" if you knew that a financial storm is coming? No, you will dump as quick as you could.
Buy and Hold is only as good as the recovery of the market, unfortunately it takes a 333% increase to recover a 70% loss. How long before the market increase 333% or 150% ? Can you tell? - I can not. I am going to quote someone, and I found his analysis very pertinent to the subject: "Buy and Hold is not a Strategy. Buy and Hold is the absence of a Strategy."
The author of that quote published an article in this website. google it.
In the mean time, I hope that everybody will recover
'Buy and Hold' Is Alive and Well [View article]
It has proven its limits crashing down in flames
Would you "Buy and Hold" if you knew that a financial storm is coming?
No, you will dump as quick as you could.
Buy and Hold is only as good as the recovery of the market, unfortunately it takes a 333% increase to recover a 70% loss.
How long before the market increase 333% or 150% ? Can you tell?
- I can not.
I am going to quote someone, and I found his analysis very pertinent to the subject: "Buy and Hold is not a Strategy. Buy and Hold is the absence of a Strategy."
The author of that quote published an article in this website. google it.
In the mean time, I hope that everybody will recover