Hi Master Voltaire,
No one knows the future. What "if" is always easy...
What "if" i shorted the Japan in 1989 and hold the shorts until now???
Buy and Hold??? What about Westfield, go to westfield's website and have a look.
Had you invest in Westfield. AND BUY AND HOLD.
A shareholder who invested $1000 in Westfield in 1960 and kept their shares for 50 years - providing they reinvested all dividends and bonus issues - would have, by the end of 2009, made about $159 million (according to ASX/S&P Index Services). This investment return is unrivalled in Australia.
http://50years.westfield.com/
We don't know...Master Voltaire...
Times like today, don't panic, and look for real quaility shares, look for good company, in days like today when the panic sellers sell, they forget what they are selling.
Me, I just trade...
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