- May 06, 2013 - 12:37
When you chase manias or lotto tickets, buy and hold is 100% fatal. When you invest in solid, well run companies , it can work wonders. The only reason that no one thinks so is because no one ever chooses 'B'. Well, almost no one.... ; )
- May 06, 2013 - 10:22
'Buy and hold' is the myth that investment advisors have been pumping for decades. Unfortunately, most investment advisors receive financial incentives to direct client funds into investments & mutual funds that provide lucrative returns for them and not necessarily the best return on their client's investment. If the advisor's management fees and commissions were based on the investor's return on investment rather that the investment itself this strategy might actually achieve the potential returns that are advertized.