Thursday, June 25, 2009

Long Term Buy And Hold Is Still Bad Advice


In spite of what you hear from main stream media and self-serving advice from Wall Street, an investment philosophy of long term buy and hold is not what it's cracked up to be.

Unfortunately, many boomers headed into retirement are finding that out now, at the worst possible time. Moreover, looking ahead, I doubt the next decade is not going to be much better than the last.

Please consider the following analysis from my friend "TC" (more)

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