> unless you really know what you're doing, buying and holding is the way to go. The Wall Street Journal dartboard contest, which ran for several years, shows

> unless you really know what you're doing, buying and holding is the way to go. The Wall Street Journal dartboard contest, which ran for several years, shows that, statistically speaking, even if you do think you know what you're doing, a buy & hold index fund is still a better choice than an active portfolio. http://www.investorhome.com/darts.htm http://www.investorhome.com/darts.htm Quote: "The pros barely edged the DJIA by a margin of 51 to 49 contests. In other words, simply investing passively in the Dow, an investor would have beaten the picks of the pros in roughly half the contests (that is, without even considering transactions costs or taxes for taxable investors)."