During the great depression the stock market (i.e. Dow Jones) performed extremely poorly for a good part of 30 years from 1930 to 1950 before stocks started their meteoric rise. Even though in the long run buy and hold outperforms active investing, in the long run we are also dead because unfortunately humans are not immortal! So exactly how does buy and hold have any credibility during the 30 year period of the great depression? I mean what if someone was getting old enough to retire during that time period? Their buy and hold strategy would have completely ruined them, right? Or am I missing something here that buy and hold investors can help clarify?
Submitted March 31, 2017 at 01:36PM by asji4 http://ift.tt/2nI6nv6
