Buy and hold? Sell in May and go away? Bull market, bear market or lambs-to-the-abattoir market?
You will find no shortage of financial commentators trying to scare you out of the market and out of your holdings. Their advice often comes with the candy coating that "they are just trying to help you avoid losses", but there is poison within the message. Sure, it is painful to see your investments decline in value and there is rarely any good reason to hang on to a failed idea, but if you worry too much about trying to time the market, you will sell yourself out of any chance of reaping long-term gains. (For related reading, check out 4 Ways To Weather An Economic Storm.)
In other words, no matter what the economy looks like, there are always stocks worth owning.
To continue to the full piece, please click below:
http://financialedge.investopedia.com/financial-edge/0710/There-Are-Always-Stocks-Worth-Owning.aspx
1 comment:
@ Tshad
Thanks. This one ended up much different than I planned it (it was going to be a study of 10 stocks that have grown despite recessions), but I think it ended up better than I had hoped.
Post a Comment