May be many would have already replied. How can buy & forget ever be a strategy? Sometimes it is important to create a catch phrase to convey a message and this catch phase is so misused that the original intent of “do not keep hopping! research, invest and stay” is completely lost.
No company will ever attain the status of “Chiranjeevi”; it has to change its form to stay relevant, even if it continues with the same name. When GE can’t qualify as buy & forget investment today ~ change in just 20 years for a company with 100 year history can say something.
Buy & hold strategy when followed by a lot of people will help fund managers. Right now, the volatility is caused by sells from institutions; if retail investors become very active, both retail investors & the institutional investors will have too much work to do. Retail investors rarely can swing the market and thus should both buy/sell before institutional investors. Is one ready to do the research to stay ahead is the question?
Unresearched buy & hold will most likely result in less than pretaxed FD retruns.
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