yes, in a bull market, buy and hold is best for most people with
jobs. But it depends if you are in a secular or cyclical bull
market. We had a secular bull market from 1982 - 2000, buy and hold
was the best during that time. However from 1966 - 1982 we
had a secular bear market where the Dow went from a high of 1000
and was 800 in 1982, so it went no where for 16 years, and those
were strong inflation years! Buy and hold did not work
then. we are in another secular bear market.
I'll post some charts on my next post
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yes, in a bull market,
The familiar Nightmare
Posted by matt on 12th of Jul 2009 at 07:43 pm
yes, in a bull market, buy and hold is best for most people with jobs. But it depends if you are in a secular or cyclical bull market. We had a secular bull market from 1982 - 2000, buy and hold was the best during that time. However from 1966 - 1982 we had a secular bear market where the Dow went from a high of 1000 and was 800 in 1982, so it went no where for 16 years, and those were strong inflation years! Buy and hold did not work then. we are in another secular bear market.
I'll post some charts on my next post