Why Buy and Hold Works for Real Estate, Not Just Stocks
As an investor, I'm a firm believer in doing what I can to minimize risk. And that includes taking a long-term approach to buying stocks.
Investors whose goal is to make a quick buck in the stock market often get burned. That's because stocks can be very volatile, and sometimes, it can take years for a given stock to recover its value after a prolonged hit.
In fact, any money I have invested in stocks currently is money I don't intend to touch for a decade or longer. That way, my portfolio has time to ride out one or more market downturns and grow over time.
Source Fool.com
