The Buy and Hold Myth

The following is a guest post. The opinions expressed are those of the author.

 

The Buy-and-Hold Myth

The most important article ever published on investing appeared in the Wall Street Journal on October 14, 2010. It was a column by Brett Arends titled “The Market Timing Myth.”

Before I give you a link to the column and quote briefly from it, I want to ask you a question. If you were in the market for a used car, would you go to a dealership without having done any homework and ask the dealer whether the cars he picked out for you was in his expert opinion a good choice?

That’s a bad idea, isn’t it?

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