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Actually if there's any one lesson to be learned from the last dozen years of the stock market's swings, it is that "buy and hold" is dead as a useful investmen
by noelchurchill 16y ago
Actually if there's any one lesson to be learned from the last dozen years of the stock market's swings, it is that "buy and hold" is dead as a useful investment strategy.
I might have misused the term buy and hold. I meant to ignore the intraday swings and keep your eyes on the overlying trends. I certainly don't think you can blindly hold an index fund these days and plan on retiring on it.
- me_again 16y agoMy 401K's in a 'LifePath' fund- more-or-less an index tracker which shifts more weight from a stock index funds into bonds as your nominal retirement day approaches. It's quite possible I'll come to regret it, but I can't think of a safer approach.