I saw this graph of the market on a blog (click on the chart to enlarge it). It is misleading. Seriously so. It makes people believe that buy an hold is the way to invest money.
It is not so. From 1969 to 1982. From 1928 to 1945. From 1998 to 2010. These ere all long periods that a buy-and-hold approach would have ruined you.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked second best gold timer by Timer Digest
To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.
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