Using a buy and hold strategy on the ASX in my opinion always...

Using a buy and hold strategy on the ASX in my opinion always needs to be monitored. In other words, imo no ASX stock is a buy and hold forever.

Even quality stocks can and have turned into absolute disasters and wiped out investors who have shown blind loyalty/faith that everything will turn out fine.

For example, looking at the following chart of ELD, we might wonder how many investors held 5,000 shares worth over $140,000 in 2007 that are today worth $675.