IMHO longterm buy & hold investors have fallen for the marketing BS of the various managed & advisory services in the financial Industry. Where I believe they should learn some basic trading skills for the trying markets we have been facing recently!
We have all seen articles about missing the best days from various Financial organisations. Rarely have I come across one that calls it a fallacy & submits his own charts taking out the best & worst days & still out perform buy & hold strategy. I recommend all investors & traders read the article by Jeff Hirsch from Almanac Trader & draw their own conclusions.
This is what we are shown in one form or another from various Finance organisations.
