Like anything else 'buy and hold' isn't a panacea any more than 'buy low,
sell high'.
If that is all there is to it, we'd all be multi-millionaires.
Of course, being a multi-millionaire would be largely meaningless if
everyone else was just as wealthy.
https://seekingalpha.com/article/3830626-buy-and-hold-is-not-real-investment-strategy
https://www.marketwatch.com/story/buy-and-hold-is-impossible-2014-07-25
https://blog.wallstreetsurvivor.com/2016/08/22/buy-and-hold-investing-the-advantages-disadvantages/
The bigger issue is "How will you react if the economy enters a recession
or a depression?"
If you are young enough you might choose to just wait it out, but if you
are older the recovery might take longer than your remaining lifespan.
On Sun, Jan 5, 2020 at 5:15 PM Carol Katterson <dmarc-noreply@xxxxxxxxxxxxx>
wrote:
I too am a buy and hold investor and would be interested in Fady’s
analysis, portfolio and investment parameters.
Carol
Sent from Yahoo Mail for iPad <https://overview.mail.yahoo.com/?.src=iOS>
On Sunday, January 5, 2020, 1:38 PM, L. Feldman <
dmarc-noreply@xxxxxxxxxxxxx> wrote:
Dear Fady,
Congratulations! You are really doing great. I am sure the group would
be interested to learn of you portfolio. I know that I am.
I agree with the author also. He presents persuasive evidence that
"Trading Too Much Hurts Returns". And this is consistent with the Value
Investing philosophy I think. Also his warning that reducing the cost of
trades to $0 presents a temptation for traders to over-trade is spot on
IMHO.
OTOH, reducing the cost of trades is a good thing if the trader can
control his impulse. :-)
Regards,
Lance
On Saturday, January 4, 2020, 11:55:42 PM EST, Fady Antoon <
fadyantoon9@xxxxxxxxx> wrote:
I agree with the author of the article. I studied factor analysis and went
through the value investing program at Villanova University; I concluded
that buy and hold investment strategy outperforms the market in the
long-term ( statistically proven) unless you are Jim Simons, who beats the
market using algorithms.
My return was above 40% in 2019, and I only made five trades. I am
willing to share my 2020 portfolio as soon as I finish with my analysis.
Regards,
Fady
On Fri, Jan 3, 2020 at 10:35 PM L. Feldman <dmarc-noreply@xxxxxxxxxxxxx>
wrote:
Dear Friends,
Here's an interesting article. Do you agree with the author that "Trading
Too Much Hurts Returns"?
earlyinvesting.com/trading-too-much-hurts-returns/
Why Buy-and-Hold Investors Outperform More Active Traders
Data shows investors who trade too much underperform their “buy-and-hold”
peers.
<https://earlyinvesting.com/trading-too-much-hurts-returns/>
Happy New Year!
Regards,
Lance
--
*Fady Antoon*
