>>>
Buy-and-hold is not an effective risk mitigation strategy
>>>
Oh really now.
Let me see . . . Back when the dot coms were dropping
like hot potatoes Dominion Resources actually went up.
Back around 2008 and 2009 when the subprime lenders
were causing 'the end of the world' . . Big D just
kept spitting out dividend checks.
Buying and Holding companies like Dominion Resources ('D')
looks like a very good idea to me. I've owned my
Dominion Resources stock for about twenty years now.
And never regretted it for a second. The dividend checks
just keep rolling in un-interrupted and it is worth a
LOT more than I paid for it.
Mind you, buying and holding dot.coms through the Y2K
market collapse would not have been a good idea. And
I know of a couple of 'financial institutions' that
went tits up in 2009.
But good, solid, dividend paying companies which like
to increase the dividends . . . Hard to go wrong buying
and holding that sort of company.
Zim.
Mad Poet Strikes Again.
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