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Originally Posted by LJalberta
For any wanting more info on the 'buy and hold' strategy, I would suggest a good place to start is the BogleHead forum. https://bogleheads.org. Named after the late Jack Bogle, of whom Warren Buffet said, "If a statue is ever erected to honor the person who has done the most for American investors, the hands down choice should be Jack Bogle."
Most guys can never beat the market consistently or long term, so ETF's are a great way to go. |
I definitely fall into the Buffet "buy and hold" category. I know myself well enough that I don't have the patience or interest to buy and sell. I'm diversified on my income streams enough that if I take a 40% hit on investments or/and the cash rate goes to zero I'm not going to lose any sleep.