ripvanwinkle
Well-Known Member
All that is necessary for evil to succeed is that good men do nothing - Edmund Burke 1729 -1797
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Post by ripvanwinkle on May 28, 2015 20:25:50 GMT -5
Years ago I remember the mantra was buy and hold. This was before low cost trading was around and the internet trading was an infant. Does anyone still practice this? Just wondering.
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thyme4change
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Post by thyme4change on May 28, 2015 20:38:47 GMT -5
Yes
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TheHaitian
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Post by TheHaitian on May 28, 2015 20:40:27 GMT -5
Yes!
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Ombud
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Post by Ombud on May 28, 2015 21:47:31 GMT -5
It depends. How's that for an answer?
As a serious investor (it's a line item in my income), I buy and hold core holdings spending only an hour reviewing each per qtr and never really change:
♤ SPY
♡ SCHA
◇ SCHD
♧ MDIV - added January 2015 upping monthly dividends
But an hour per week evaluating explore portfolio holdings and rarely change these:
♤ DIS
♡ JCI - decided not to sell
◇ JPM
♧ MCK
♤ TASR - increased last week
Even more often on options -- often daily.
Last yr was 300 trades and I was NOT churning my accounts. This year it'll be slower
EDITED: JUST COUNTED. ONLY 109 TRANSACTIONS TO DATE. So see, I've slowed way down
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Bluerobin
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Post by Bluerobin on May 29, 2015 8:45:29 GMT -5
I do, I do! I also do some day and swing trades with a discount broker. Buy and hold has always proven to be a good strategy for me.
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Ryan
Senior Member
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Post by Ryan on May 29, 2015 9:23:38 GMT -5
If anything, buy and hold has gotten more popular over the last several years.
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The Virginian
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"Formal education makes you a living, self education makes you a fortune."
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Post by The Virginian on May 29, 2015 18:02:41 GMT -5
The main ones that advocate constantly turning your portfolio over are the Advisers and brokerages who make money off the turnover. Buy and Hold should be the Mainstay of everyone's portfoilio.
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The Virginian
Senior Member
"Formal education makes you a living, self education makes you a fortune."
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Location: Somewhere between Virginia & Florida !
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Post by The Virginian on May 29, 2015 18:03:15 GMT -5
NOPE....never heard of it.   |
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Value Buy
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Post by Value Buy on May 31, 2015 19:31:46 GMT -5
ripvanwinkle,
Please see wxyz's thread, "the Long term Investor" on this board.
This should answer many of your questions.
Buy and hold is alive and well for many posters here, but we also believe in dividend re-investing to increase the holdings.
If you are looking for stocks that are considered "risky", buy and hold is not the answer for these types of stocks. We are thinking in terms of holding specific stocks for years, and even decades in some specific stocks.
Dividends are a great reward.
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kadee79
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S.W. Ga., zone 8b, out in the boonies!
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Post by kadee79 on Jun 1, 2015 17:28:50 GMT -5
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Ombud
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Post by Ombud on Jun 2, 2015 18:24:31 GMT -5
I went to a Schwab seminar today and discovered that although I call it Core v Explore v Speculative, it really is just long (& longer) term V short term with:
82% Long Term:
♤ SPY - reinvest dividends
♡ SCHA - reinvest dividends
◇ SCHD - reinvest dividends
♧ MDIV - added January 2015 - reinvest dividends
♤ DIS
♡ JCI - decided not to sell
◇ JPM
♧ MCK
■ 10% CA$H
8% Short Term (will increase to 10% from long term holdings dividends or growth within this area eventually):
☆ Options
☆ TASR - Increased last week
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