p*******k
发帖数: 20 | 1 Buy and hold" is supposed to be the way to long-term wealth.
No less than investing legend Warren Buffett advocates this method of
investing in a company's future performance and profits, because it focuses
on the reasonable -- and researchable -- fundamentals of a company's
products, strategy, and management, instead of capricious valuing by
millions of traders.
Add that to reduced trading costs and taxes, and, assuming reasonably good
stock picks -- voila! Long-term wealth.
But then 2008 came | p*******k
发帖数: 20 | 2 Just remind you I posted another side of the story-Buy and Hold? Please do
your own due diligence. | K****D
发帖数: 30533 | 3 This theory is quite ridiculous to me.
"buy and hold and buy"? How does that work?
If you buy and hold and lose 40%, how do you come up with money to
buy again? The author thinks everybody is like me, who just started
career and don't have a large portfolio?
The correct formula should be "buy and hold and sell and wait and buy".
focuses
Investors
【在 p*******k 的大作中提到】
: Buy and hold" is supposed to be the way to long-term wealth.
: No less than investing legend Warren Buffett advocates this method of
: investing in a company's future performance and profits, because it focuses
: on the reasonable -- and researchable -- fundamentals of a company's
: products, strategy, and management, instead of capricious valuing by
: millions of traders.
: Add that to reduced trading costs and taxes, and, assuming reasonably good
: stock picks -- voila! Long-term wealth.
: But then 2008 came
| f*******l
发帖数: 73 | 4 exactly right. The problem for me is I don't have additional cash to buy!
【在 K****D 的大作中提到】
: This theory is quite ridiculous to me.
: "buy and hold and buy"? How does that work?
: If you buy and hold and lose 40%, how do you come up with money to
: buy again? The author thinks everybody is like me, who just started
: career and don't have a large portfolio?
: The correct formula should be "buy and hold and sell and wait and buy".
:
: focuses
: Investors
| i********g
发帖数: 90 | 5 something like DCA and 401k. So keep the job is #1 priority. |
|
