And you’ll find almost as many that say it’s dated and overrated.
Which is accurate? A lot depends on the individual investor.
Simply put, buy and hold is an old-school passive investment strategy that emphasizes long-term growth over short-term thinking or market timing. An investor who employs a buy-and-hold strategy actively selects stocks and mutual funds, but once that’s done, isn’t concerned with short-term price movements and technical indicators.
Read more at https://www.kiplinger.com/article/investing/T047-C032-S014-is-the-buy-and-hold-strategy-still-alive-and-well.html#jXzzuF0xLLAZ58Vf.99