Has the seemingly ageless advice for buying stocks of “buy and hold” a thing of the past?
In many cases, it does seem that may be the case.
Like anything related to investments, there really is no single right answer that covers all possible scenarios. But the “buy and hold” philosophy with stock investments, historically, was the most common method for consistently positive returns.
While we don’t advocate “day trading”, it does appear that a “buy and hold for a short time”, in many cases, is the method most advantageous to “recession-era” investors.