Comments on: Dow Jones From 1896 Till Today http://www.onemint.com/2009/03/05/dow-jones-from-1896-till-today/ Helps You Make Better Financial Decisions Sat, 11 Feb 2012 17:32:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Manshu http://www.onemint.com/2009/03/05/dow-jones-from-1896-till-today/comment-page-1/#comment-16052 Manshu Thu, 05 Mar 2009 16:01:07 +0000 http://www.onemint.com/?p=963#comment-16052 Miranda - I think the key to this is moving on to something other than what is overvalued. For example - right now a lot of people are buying gold and gold denominated instruments banking on inflation and safety. Gold is already at all time highs and has typically risen over time. When it goes beyond a certain point (maybe $1500 per ounce?) it will be time to get out of it and not buy more. But that normally doesn't happen. Buying and holding (for eternity) doesn't appear to be a well rounded strategy. There has to be some sort of Buy and Hold and Sell - if you have to protect yourself from the occassional recession or two. Miranda – I think the key to this is moving on to something other than what is overvalued.

For example – right now a lot of people are buying gold and gold denominated instruments banking on inflation and safety. Gold is already at all time highs and has typically risen over time.

When it goes beyond a certain point (maybe $1500 per ounce?) it will be time to get out of it and not buy more.
But that normally doesn’t happen.

Buying and holding (for eternity) doesn’t appear to be a well rounded strategy. There has to be some sort of Buy and Hold and Sell – if you have to protect yourself from the occassional recession or two.

]]> By: Miranda http://www.onemint.com/2009/03/05/dow-jones-from-1896-till-today/comment-page-1/#comment-16048 Miranda Thu, 05 Mar 2009 13:31:24 +0000 http://www.onemint.com/?p=963#comment-16048 I think over the long haul, a buy and hold strategy can work. But it's all about moving it over to something other than stocks as your risk tolerance changes (i.e. as you move closer to retirement). I don't think that there's any one way to invest properly. And I think any number of plans can work, depending on how they are implemented. I think over the long haul, a buy and hold strategy can work. But it’s all about moving it over to something other than stocks as your risk tolerance changes (i.e. as you move closer to retirement). I don’t think that there’s any one way to invest properly. And I think any number of plans can work, depending on how they are implemented.

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