Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
“I don’t agree with you that Buy-and-Hold has a demonstrated track record of success, Anonymous.”
“It will be interesting to see how it all plays out, Anonymous.”
I have watched it play out. You can continue to live in your fantasy world. That is your right.
I don’t want to risk my retirement and have my family live in fear, so I chose the path that has a proven track record of success and that is what we see with buy and hold.
Given that those are your sincere beliefs (I certainly believe that they are), you are doing the right thing, Anonymous.
I naturally wish you the best of luck with it.