Thursday, May 12, 2005

Why Buying an S&P 500 Index Fund Is Not a "Buy-and-Hold" Strategy

Good article by Gary North on the above. Buying an S&P fund can mean buying speculative stocks at their market top and dumping them when they tank!

1 comment:

  1. I confess I didn't read North's article, but using the same method by which he (and you) rule out buying and holding S&P, could that prove that nothing would be an example of buy-and-hold? Or are you saying, e.g., someone could buy an assortment of bonds and think they'll definitely go up if you wait long enough?


Zeno for the computer age

If you wish to better understand Zeno's worry about the continuum, you could do worse than to consider loops in software. Case 1: You...