To clarify, I’m not suggesting people should be day traders. It means we shouldn’t just buy something and wait for it to appreciate. We should be investing into things which give us passive income. If they appreciate along the way, that’s great.
Do you believe that the Fed is about the cause the yield curve to invert in 2018?
Should you hold on for the long term? Depends who you ask. It’s a well-known fact that there are cycles to investing and without any level of sophistication and knowledge about the subject, you would be hanging onto something that may very well be worthless at some point. Diversification is something we always hear, but 99.9% of investors ignore. So what’s the big deal about a buy and hold strategy, anyway?