"I will try to express myself in some mode of life or art as freely as I can and as wholly as I can, using for my defense the only arms I allow myself to use -- silence, exile, and cunning." -- James Joyce
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!