Is It Time to Buy the Dow Jones' 3 Worst-Performing Stocks This Year?
The 136-year history of the Dow Jones Industrial Average shows that an investor could do quite well for himself just buying the 30 component stocks and hanging on. Even as companies have come and gone from the index over the years, average returns through recessions, depressions, war, and other domestic or global events have consistently been about 10% annually.
Sure, you will rarely ever get those exact returns, as they will generally be either higher or lower than the average each year, but that just proves the value of a buy-and-hold investing strategy. Buy the index and then pretty much forget you have it (well, always regularly add new money to your portfolio) and you, too, can generate transformational wealth.
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Source Fool.com
