Quote:
Originally Posted by on2wheels52
I'll be contrary on the buy and hold strategy. I own about 35 individual equities, they were up 10.5% last year, and 23.5% from two years ago. And I incurred no commission or account fees in that period.
That said, 60% of my account is in mutual funds, and they performed about the same. But I've held a number of the individuals for over 20 years.
Jim
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It's not about the fees and commissions...it's about what you make.
You well underperformed last year if you were up only 10.5%. Big boring mutual funds like New Perspective, New Economy and Growth Fund of America were up 20%. I'm not trying to come at you just using you as an example of why most people do better in funds. You seem happy with 10% but in truth you did much worse than average. If your funds also made 10% last year you may want to revisit them if they are growth funds. You don't want to be making half of what you should be making.
Nothing wrong with buy and hold as long as what you hold is better than average.