MYTH-7. THE CONCEPT OF 10-YEAR INVESTING IS DEAD
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The main
criticism against long-term buy-and-hold strategy is that we live in an ever-changing world.
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However, one
should realize that they are buying a piece of the business when they are investing.
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Instead, the key lesson is
not to buy-and-forget.
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Also, it
is wise not to get carried away with market fluctuations and stick to your goal-wise strategies.
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Don’t restrict yourself to 3-5 years of investing, as it is a longer term game.