Holding is the hardest part because it combines ALL the feelings & potential regrets that can arise from both buying & selling. Buying is the easy part of buy-and-hold. Anyone can buy-and-hope. It’s the hold part that’s hard. It was easy to hold onto stocks in 2023 & 2024, as Global Equity Markets rose 24% and 19% in back-to-back years. This year is much harder. Volatility is up. Uncertainty rises by the day. Confidence is shaken. I don’t know what’s going to happen but I do know that abandoning my investment philosophy is not going to help matters. The investment strategy I choose to implement has much less bearing on my performance than actually sticking to a long-term plan no matter what happens in the market. I am always a proponent of the idea that less is more, but even more so during turbulent markets. The best risk control I have right now is knowing what I own & why I own it....