Something many people in the buy-and-hold camp forget:
If you bought $AMZN in late '99, you could've been sitting on a loss for over a decade.
$CSCO? You could still have a loss 20 years later...
$GLW? You could still have a loss 20 years later...
$QCOM? A loser until 2019...
If you bought $AMZN in late '99, you could've been sitting on a loss for over a decade.
$CSCO? You could still have a loss 20 years later...
$GLW? You could still have a loss 20 years later...
$QCOM? A loser until 2019...
These were the darlings of 1999.
Huge TAMs.
Big runways.
Buy and hold shouldn't be in a vacuum.
Portfolio management matters.
The SPX isn't a static index and my portfolio shouldn't be static either.
Huge TAMs.
Big runways.
Buy and hold shouldn't be in a vacuum.
Portfolio management matters.
The SPX isn't a static index and my portfolio shouldn't be static either.
Aside: Those examples are also a great example of why ENTRY points matter.
I'm a story-first investor. But charts help me figure out my entries and my exits.
Paying the 'right' price matters.
I'm a story-first investor. But charts help me figure out my entries and my exits.
Paying the 'right' price matters.