Friday, November 19, 2010

Burton G. Malkiel: 'Buy and Hold' Is Still a Winner - WSJ.com

EXCERPTS:

"Buy and hold investors in the U.S. stock market made an average annual return of 8% during the 15 years from 1995 through 2009. But if they had missed the 30 best days in the market over that period, their return would have been negative.