04-28-2009, 01:42 PM
I do think buy and hold is dead.
For instance, my son has a small chunk of cash from an accident. At the time it was a custodial account so he wouldn't go buy stupid shit.
We decided to invest it all in relatively low risk index funds. This was at the peak of the internet bubble.
He lost about half the value in the first year. Since then it has slowly climbed back into profitability, and then came the 2008 crash. He is now at about half the original value again.
This was a buy and hold philosophy across 10 years.
Buy and hold is dead.
For instance, my son has a small chunk of cash from an accident. At the time it was a custodial account so he wouldn't go buy stupid shit.
We decided to invest it all in relatively low risk index funds. This was at the peak of the internet bubble.
He lost about half the value in the first year. Since then it has slowly climbed back into profitability, and then came the 2008 crash. He is now at about half the original value again.
This was a buy and hold philosophy across 10 years.
Buy and hold is dead.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
![[Image: maull2.gif]](http://bengtel.com/maull2.gif)
"If you want to change the world, be that change."
--Gandhi