The “Buy and Hold” Philosophy

Here is a story from CNBC.com on September 23: “Buy-and-Hold Investing Makes A Return After Turbulent Year” http://www.cnbc.com/id/32970487 I am not a fan of the “Buy and Hold” philosophy, although I will concede that it worked (very) well, generally speaking, during the 20th Century. As far as the present and future is concerned, I wrote …

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