Buy and Hold May Not Be Looking Too Good, But Churn and Burn Is Worse
Lawrence Weinman submits:
Since index funds/ETFs are by definition buy and hold, they certainly avoid having the problems listed in this WSJ article associated with your investments. Now all you have to do is keep yourself from rapidly jumping in and out of the hundreds of ETFs and index mutual funds now available..In fact it seems that the more the manager of your actively managed mutual fund trades, the less likely he is to produce superior performance and he is surely more likely to generate more tax headaches for you.
My bolds below:
Investing, Long Term Investment, stock market | admin February 17, 2010
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