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Your first and second sentence made me laugh out loud because I thought it was a joke. The explanation makes perfect sense though - buy and hold beats the avera
by Aulig 4y ago
Your first and second sentence made me laugh out loud because I thought it was a joke. The explanation makes perfect sense though - buy and hold beats the average attempt at market timing.
- malshe 4y agoThe finance academic literature has advocated for years that buy and hold is the best strategy for individual investors. However, anyone who bought the stocks at the market peak in 2021 will have to hold them for a looooooong time before they can break even. And that too in terms of nominal returns as break even in real returns will take forever! So the pain is real for the people who started stock investing last two years.
- bluGill 4y agoIf you started two years ago you should have a loooong time to wait. Stocks have never been considered a great short term investment. Those of us who started 20 years ago have put only a small part of our net worth in the past few years and so are still well ahead
- cameronh90 4y agoTime in the market beats timing the market.
- Ekaros 4y agoLet's see where things go... Past performance is not indicator of future performance.