Contributor Since 2009
Buy and hold has been pronounced dead more times than I can count. I submit that the purveyors of trading strategies have something to gain from moving money around!
Buy and hold has indeed had a tough time over the last decade which is precisely why it is the perfect time to adhere to those principles.
I fear that the individual investor will yet again follow the herd mentality and this time to trading and in all likelihood to futility and less than stellar and promised results.
The reason 401k's work is because owners mindlessly add on a monthly basis to a few very low fee funds. 401k owners have been rewarded time and time again not because of some kind of masterful fund choices but because they buy low, buy high and hold for the long term.
Buy and hold and has worked in the past and will continue to do so.
Disclosure: vti, vtv