USD/JPY marks up a 34-year high as USD returns to favor
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USD/JPY rises to another multi-decade high amidst enthusiasm for the US
Dollar. US economic exceptionalism and a massive US Treasury bond sale are
fueling...
19 minutes ago
Seems like all of them just buy & hold over decades. Never sell ... or maybe just small amounts.
ReplyDeleteSo must be willing to sit through -50%, -60% declines?
Another thing is that they mostly bought large dividend-paying blue chips & spread over a variety of companies to avoid company-specific risk.
Some of the US investors lucky in having very concentrated holdings & the 1 or 2 blue chips did very well over the years. Risky approach though.
I'm sure many investors also buy & hold for many decades ... but unfortunately in the wrong companies & portfolio kena decimated... But the media not interested in highlighting them.
My late FIL held quite a number of losing stocks to his grave e.g. IPC, Liang Huat
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