I've read the 2 recent posts from 2 wise seniors - Uncle CW8888 and SMOL recently. Allow me to induce some flavors of this 2 seniors into this blog post.
Everyone knows what buying and holding is.. So what exactly is buy and hold?? Being curious.. I went online to google about the exact definition.
From Investopedia |
Is buying and holding a "sure-win" strategy?
Buying and holding might increase your winning odds. But there's no guarantee!!
The asset you're buying and holding is important too!!
Let's take a look at 2 example.
Buying SGX in 2004 Jan?
$1.83..
Hmm..
How about buying Creative Technology in 2004 Jan?
$20.10..
Both also inside STI and accepted by investors wor.
Wanna see some real examples??
Read:
Buy and Hold - Who sold you that idea? - Uncle CW
Buy and Hold - Who sold you that idea? - SMOL