I’ve posted a Guest Blog Entry at the My Personal Finance Journey site called The Magic (and Limits) of Using Historical Data to Guide Your Investing Decisions.
Juicy Excerpt: Whenever I find myself saying something negative about Buy-and-Hold (which is often!), I make it a point to add a mention somewhere of how much respect and affection and gratitude I feel for the Buy-and-Holders. One of the reasons I feel this way is that I believe so strongly that they are on the right track in arguing in support of data-based, research-supported investments strategies.
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