Is The Buy And Hold Strategy Dead?
The buy-and-hold strategy of stock investing has long been the mantra of sustainable portfolio growth. The basis of the strategy is to buy a good company and hold onto it for years until it turns a profit—because it is a good company and the average stock return historically has been 8-10%. The best investors have long advocated this strategy, from famed value investor Benjamin Graham, to billionaire Warren Buffett, and to pretty much any traditional stock investing book you pick up.