Is Buy and Hold dead? Not according to me and not according to this article

by Evan on October 21, 2009

One of the questions I hear from my clients on a regular basis is: Is buying funds/ETFs/stocks/bonds and holding for the long-term dead? My answer is always a resounding ‘NO!’ Risk and reward has changed, but the premise of buying securities and holding them for long times has not. Financial planners need to re-evaluate asset allocations after the turmoil of the past year, however, there is no reason to try to time the markets, trade actively, concentrate positions, or advocate non-standard practices. The following article from Financial Planning magazine summarizes my beliefs very well:

http://www.financial-planning.com/fp_issues/2009_10/tried-and-true-2663983-1.html

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