Buy and hold in large caps index funds such as SPX bought in the period
1998-2000 are quite a bit behind actually when you factor in inflation.
Last week I had a "free" consult from Fidelity because of the level of
my assets with them and they advised buy and hold for ever! IOW they
are totally against timing. When I pointed out the money I saved by getting
out of stocks into bonds in the late 90's, they had no answer. So much for
Fidelity's free advice.
Reminder: BUY and HOLD
Started by
denleo
, Feb 13 2007 01:03 PM
10 replies to this topic
#11
Posted 13 February 2007 - 10:38 PM
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule