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A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
21 hours 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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