Buy and Hold is Bulls**t!!
Found a great article about the famously advirtised buy and hold strategy, just passing this one along.
Even during rip-roaring bull markets, investors miss a good chunk of the gains. Buy and hold RIP.
The recent 57% collapse in the S&P 500 index to its most recent low on March 9 followed hard upon the 38% decline in the 2000-2002 bear market. And the five-year recovery from that swoon didn’t exceed the 2000 peak by much. The Nasdaq index, which nosedived 78% in 2000-2002, recovered only 44% of that decline before falling another 55%. There are only two other global bear markets since 1900 in which stocks fell over 40%.