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Showing posts from March 7, 2010

Investment Minefields

Do you know that many listed stocks, and even worse for unlisted investments, do not perform well over the short-term or long term. It's incredible how much garbage is out there and is being hyped and sold by investment professionals. I have at least 200 positions that I follow and track on a regular basis and many of those positions just do not live up to their potential. It's an investment minefield out there. A common, but effective investment strategy is the "buy and hold strategy", but the recession that began in 2007, basically blew that theory out of the water. As a matter of fact, a "buy-and-hold strategy" may be dangerous in this market right now. However, here is an article in the Wall Street Journal on a star trader, working for a popular mutual fund , who has been really successful at not trading and basically buying and holding. I thought the article was interesting, but I do not think the article is entirely true. This trader may not trade as