Buy and hold is not as easy as you think

I am not against buy and hold strategy. Instead, I believe it can really bring you great wealth - note that the world’s richest investor is a buy and hold strategist. Many investors are familiar with this strategy and often practise it, but not many are successful. Here are some of the reasons that may have caused their failure: 1) Fail to plan for future money needs Many people are myopic … [Read more...]