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Buy and Hold Good Advice, But Not for Stocks

Everyone has heard the oldest investment advice constantly repeated by most brokers, and financial planners: “Buy and Hold.” Is this still a good strategy though? Well, that depends. If you are investing in the stock market that advice is now about as bad as it is old. However, there is one place where “Buy and Hold” is great counsel.

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Georg Christoph Lichtenberg

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