Valuation-Informed Indexing #615: “Buy-and-Forget” Is Not the Same as “Buy-and-Hold”

I’ve posted Entry #615 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called “Buy-and-Forget” Is Not the Same as “Buy-and-Hold.”

Juicy Excerpt: When the market as a whole is greatly overpriced, even well-picked individual stocks can be a problematic choice. But the investor picking individual stocks is far better protected from the dangers of overvaluation than the index investor. Indexers are going to do as well or as poorly as the market as a whole. Those who pick individual stocks can outperform the market as a benefit of their research abilities.