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Strategies & Market Trends : Fundamental Value Investing

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To: Sergio H who wrote (1829)7/12/2012 12:10:12 PM
From: The Ox  Read Replies (1) of 4719
 
It will be a few days before I post a list. The concept of holding long term, no matter what, is not something to be taken lightly. There are many stocks I would buy for a long term portfolio but there are VERY few I would consider holding for more than 5 years. So much changes over time. New, disruptive technologies come along every now and then which will completely change an entire industry or, on the rare occasion, will change multiple industries.

I have a concern about when the portfolio is finalized. If the overall market is in a strong down trend, I suggest we wait to formally "buy" them until a basing or reversal can be seen. Especially when buying for the long term, the starting point will be a major factor in determining the relative success or failure. Starting a long term portfolio in 2007 (like I did) was a serious mistake that took a few years to undue. Just a thought....
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