----buy and hold -----
This is another misconception on the Street. If you had bought GE, KO, G a long time ago, you would have not had to trade each day. But, if you have bought many others like WDC, NOVL (I am sure this is your argument), you would. The key is to find out which one is the right one.
If you buy all the assets (everything) in the world, I am sure it can only go up. That is exactly what Peter Lynch did (well, he did not buy everything, even though he wanted to), and only at this point you have advantage to use "buy and hold". I don't think he told everything about his ways to invest.
Again, I still think everything is in the charts. |
