Thread: Economics Investments & Personal Finance
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Old 01-29-2013, 09:57 PM   #90
Amnorix Amnorix is offline
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Join Date: May 2003
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Quote:
Originally Posted by KC native View Post
That is absolutely incorrect. Buy and hold is a guaranteed money loser.

For individual stocks, no doubt, though nowhere near as bad as day trading, where you can get burned alot worse alot faster. For mutual funds over the long haul, though, buy and hold is not a bad way to go.

Fundamentally, alot of people just aren't going to pay very close attention to their investments, and/or lack the knowledge/skill/time to move in and out of various types of investments. Buying and holding isn't at all bad over the long run if you have a sufficiently diversified portfolio.
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Last edited by Amnorix; 01-30-2013 at 06:55 AM..
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