Buy-and-hold works when buy at low prices with high dividends like what Warren Buffet does.
For normal Joe, those parts of portfolio which meet this criteria can buy and hold.
For the rest of the portfolio, best to have trailing stop loss - still buy-and-hold but sell with profit when start dropping. Then use the cash to buy again when valuations are back to good value.
Buy-and-Hold not dead.
ReplyDeleteBuy-and-hold works when buy at low prices with high dividends like what Warren Buffet does.
For normal Joe, those parts of portfolio which meet this criteria can buy and hold.
For the rest of the portfolio, best to have trailing stop loss - still buy-and-hold but sell with profit when start dropping. Then use the cash to buy again when valuations are back to good value.