I’ve posted Entry #168 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called Five Similarities Between the ObamaCare Rollout Mess and the Buy-and-Hold Mess.
Juicy Excerpt: Buy-and-Hold too was rooted in good intentions. I hope that when opinions change on this investing strategy that they will not change so much that this will be put into question (I worry that it will). Millions of middle-class people need a simple way to tap into the power of stock investing. Buy-and-Hold provides it. To ignore valuations when setting your stock allocation is going too far with the simplicity concept. But the basic idea is a good one.