ICVI (now MTEI) Message Board

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Microcap & Penny Stocks : ICVI (now MTEI)

MTEI 0.00400

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Nov 18 9:31 AM EST

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To: RavenCrazy who wrote (5332)	5/31/1998 6:43:00 PM
From: RocketMan	Read Replies (1) of 11850

Study Shows Merit Of Buy-and-Hold An excerpt from a story in today's Washington Post: By James K. Glassman Sunday, May 31, 1998; After a week like the one just past -- with economic troubles deepening in Asia and Russia, bombs bursting in Pakistan, and stock prices bouncing all over the place -- you're probably tempted to sell some of your losers, cash in some of your winners and maybe trade them for some shiny new shares. Don't. Two finance professors from the University of California at Davis have just completed a study that confirms the sound principle of buy and hold forever. "Our central message," they conclude, "is that trading is hazardous to your wealth." Well, we already knew that, didn't we?

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