No. of Recommendations: 14
I don't understand the logic that "this time is different" due to the changing current political climate and therefore I should sell holds any more water than "this time is different"
I think you make an excellent point. By the stock, put the certificates in a drawer, and check every 10 years or whatever.
This is LTBH. Studies show that individual investors trading to goose returns by selling when they think it is high-ish and buying it back when the think it is low-ish typically lose out on returns by doing so.
We happen to have some interesting discussions here about HOW to try to beat the averages by trading in and out. But this is definitely not LTBH anymore, and it is not at all clear we are doing ourselves any favors by "knowing" all this extra stuff.
Cheers,
R:)
