August 27, 1998
The Task at Hand
The Buy and Hold Apocalypse
By Randy Befumo
In this six-part series, Randy Befumo explores whether or not the "buy and hold approach" remains valid. The series was designed to be a comprehensive response to a spate of nonsense questioning the long-term value of stocks and calling for individual investors to throw their money in the bank or go to market-timing professionals.